AIM

Estate Planning

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Planning for Good Will

What if the joy of the holiday season doesn’t quite measure up to what we had hoped? It seems almost inevitable that connecting with family can run into disagreements. Over the years things have changed from what they once were – or the change you hoped for still hasn’t happened yet. The holidays are an

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The Importance of Talking to Kids About Their Inheritance

Talking to Kids About Their Inheritance Many parents hesitate to talk to their kids about money. In most families, discussing wealth feels taboo. People rarely ask how much money others have — it’s often considered impolite. But avoiding the topic can leave your children unprepared. Even a modest inheritance can be mishandled or wasted without

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A single bubble containing a photo of kids and a family enjoying summer activities, illustrating the concept of estate planning plus elder law equaling life care planning.

Estate Planning Plus Elder Law Equals Life Care Planning

You often hear the terms used interchangeably; however, there are significant differences betweenĀ elder lawĀ andĀ estate planning. While some overlap exists between the two, learning and implementing strategies from both law practice types is crucial to prepare for successful aging life care planning and preserving a family legacy. Estate planning lets families: Name guardians for minor children

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Hands of family members with dandelion rings symbolizing unity and love, next to text reading ā€œNon-Traditional Families & Estate Planningā€ and the Aging in Maine Law Office logo.

Non-traditional Families and Estate Planning

Changing Family Structures and Estate Planning Family structures are changing — and estate planning must change too. Thirty years ago, the ā€œtraditional familyā€ was common: a husband and wife married young, bought a home, had children, and worked toward financial security. In 1949, nearly 80% of American households were married couples. By 2021, that number

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Elderly couple standing together, embracing and looking out at a calm Maine lake, symbolizing peace and security in later life.

A Quick Guide to Estate Planning

Most older adults acknowledge that estate planning is essential. Yet, nearly half of Americans age 55 or more do not have a will, and even fewer have designated powers of attorney, a living will, or health care directives. These documents help guide your representatives to provide the end-of-life wishes you seek. Estate planning also reduces

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