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Estate Planning and Elder Law: Tax Planning in 2018
Byadmin
On December 22, 2017, the President signed into law the Tax Cuts and Jobs Act. The changes to the Internal Revenue Code impact virtually every individual and business and are generally effective in 2018. Estate and Gift Tax The federal gift, estate, and generation-skipping tax credits will shelter gifts and estates up to $11.2 million…
Important Developments Regarding the Laws on Delegation of Parental Rights
Byadmin
For various reasons, sometimes parents are unable to care for their children. For example, a child may be taking a trip out of state with a school or extracurricular program and an unrelated adult supervising the trip needs authority to make medical decisions if a problem arises. Other situations might be more long-term, such as…
Increased Privacy Protections Proposed for the Probate Courts
Byadmin
Are you aware of your probate court privacy protections? Would you expect that the inventory of a loved one’s estate would be viewable by anyone in the public? If someone was seeking to become your guardian or conservator, would you think that documents with your medical conditions and prognosis or with your assets would be…
Updates to the MaineCare Eligibility Rules Regarding Real Estate
Byadmin
The MaineCare program, administered by Maine’s Department of Health and Human Services, provides important medical and long-term care benefits to many Mainers. There are a variety of MaineCare benefits, based on the type of services and the basis for qualifying for benefits. DHHS encapsulates the rules for these subsets of the MaineCare program within the…
