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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!

Silver Alert: What Does It Mean and How to Avoid Needing It

September 25, 2018
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Silver Alert

Individuals who suffer from Alzheimer’s disease and other forms of dementia are prone to wandering. This is often caused by the decline in cognitive functioning and symptoms such as restlessness and confusion that are associated with this decline. The more these diseases progress, the more likely it is that the senior will wander. This wandering […]

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4 Power of Attorney Misconceptions

September 20, 2018
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Power of Attorney Misconceptions

A durable power of attorney is one of the most important estate planning documents you can have. It allows someone who you appoint (your agent) to make decisions on your behalf in the event you become incapacitated. If you have not appointed an agent then your friends and family may not have the authority to […]

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Reasons to Take Your Social Security Benefit Early

September 10, 2018
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Social Security Benefit Early

Receiving your social security benefits at an earlier age will not reduce the overall amount of your benefit over time. Because you will be taking it at a younger age, your monthly payment will be smaller than if you had waited but the aggregate payout overtime will be the same amount. To see how the […]

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Creative Financial Approaches to Long Term Care Services

September 6, 2018
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Long term care insurance was sold aggressively in the 1980s, 90s and thereafter to offset the costs of seniors needing to live in a nursing home, assisted living or needing at home health care. Now, however, the business of long term care insurance has dramatically changed. What was once over 100 insurers providing LTC policy […]

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Long-Term Care Insurance

September 4, 2018
Posted in , ,

Long term care insurance(LTC)n is very beneficial for the elderly or disabled person who need will services or support to meet their personal care or health needs. However, it is important to understand long-term care insurance before the time comes when the benefits are needed. Unfortunately, many people wait and then miss out on what […]

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