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Maine Elder Law Blog

Local Maine Elder Law Blog

Current Maine Elder Law & Estate Planning Articles

Posting regularly to our Maine Elder Law Blog you can learn about topics including Medicare, Wellness, Caregiving, Memory Care, Finances, Long-Term Care Planning, and much more!

Understanding Special Needs Planning

October 8, 2021
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Understanding Special Needs Planning

Enabling the Disabled In honor of October as Special Needs Awareness Month, let’s take a look at planning for disabled people to live their best lives. Family money can be carefully managed to fit the disability-benefit rules and still provide additional perks for the disabled person to enjoy. And, though the rules can be strict, […]

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Understanding Co-Agents

September 30, 2021
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co-agents

I can’t decide which of my two children should be my power of attorney Agent when I need help paying my bills and talking to doctors. Can’t I just name them both and make them Co-Agents? You can, but please don’t. You risk creating conflict or chaos if you name more than one child to […]

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How is an Estate Administered in Court?

September 28, 2021
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estate administered in court

Probate is the method by which judicial officials, including probate judges, process a decedent’s will. While state probate laws may vary, the general process is quite similar across the country. Probate is the process of proving wills for decedents’. A probate judge will also oversee cases where the deceased person did not prepare a will, […]

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How life insurance can be part of your estate plan

September 23, 2021
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life insurance estate plan

At first thought, life insurance may not seem to have a bearing on how to dispose of your assets in your estate plan. However, life insurance can be an integral, indispensably important part of a well-thought-out estate plan. There are numerous other benefits to owning a life insurance policy aside from providing a large sum […]

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Generational Wealth Transfer and Your Estate Plan

September 21, 2021
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generational wealth

How to protect your inheritable legacy so that its aggregate will exist for future generations requires careful planning. There are always generational differences of opinion as to how best to live and act in the world. Millennials and Generation Xers seem to have distinctly different priorities and politics than their older benefactors in response to […]

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