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5 WAYS TO AVOID INHERITANCE CONFLICT
Byadmin
It is no secret that inheritance can cause family conflict. It is all too common for family members to disagree over how to care for an ill or elderly loved one, or who should receive what when that person ultimately passes on. Fortunately, there are steps you can take today to minimize conflict for your…
Tips for a MaineCare Long-Term Care Application
Byadmin
In Maine, the Medicaid benefit is administered by the Department of Health and Human Services (DHHS). It is called MaineCare. MaineCare helps pay for long-term care services for medically and financially eligible individuals. The MaineCare rules regarding long-term care are complex. They include: An asset limit for countable assets A five-year look-back period Transfer penalties…
Dealing With Debt After Death
Byadmin
Families face a number of challenges when a loved one dies. The last thing a grieving family member needs is to be bombarded with calls from creditors trying to collect the debts of the deceased relative. It happens, nonetheless. Fortunately, the obligation of repayment generally does not extend to the deceased debtor’s family members. Instead,…