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Does All Property Go Through Probate?
The purpose of a Last Will and Testament is to control the distribution of property in your probate estate after your death. But what property makes up your probate estate? Not all of it! Anything that is not part of your probate estate is not controlled by your Will and therefore will not be distributed…
What is Long-Term Care? Why Should We Plan for It?
I am often asked why we should worry about planning for long-term care. It is a good question. I think before we can talk about why we should talk about what. What is long-term care? We hear that phrase all over the place. What does it actually mean? Long-term care happens in that phase of life…
New Federal Firearm Rule Protects Personal Representatives
An upcoming change in federal gun regulations stands to clarify the responsibilities of personal representatives of estates that include certain types of firearms. Early this year, U.S. Attorney General Loretta Lynch signed ATF Rule 41F, which makes significant changes to federal regulations regarding transfers of firearms covered by the National Firearms Act (NFA). The NFA…
Proposed Maine Law: An Act to Support Death with Dignity
The joint standing Committee on Health and Human Services heard public testimony on LD 347 and LD 1066 on Wednesday, April 5, 2017. Representative Jennifer Parker introduced LD 1066 titled An Act to Promote Life with Dignity[i]. The Committee reported out as Ought Not to Pass on April 25. The same Committee is divided on…
INSURANCE MATTERS
Don’t waste the insurance you’ve already bought. Through the years, certain client problems seem to come across my desk now and again, and then not again for a long time. Recently, there seems to have been a spate of situations in which clients have lost coverage, or almost lost coverage, under insurance policies…