Do I Need a Will? – Advantages of a Last Will & Testament – Pamphlet

This series highlights the eligibility rules for Maine Medicaid (MaineCare) nursing home benefits and dispels certain myths the families that work with our office often hear. Myth1: Medicare Will Cover My Nursing Home Bill. The Truth: Medicare pays for only a small amount of the nursing home care provided in the United States. In general,…

In order for skilled nursing home facilities to receive payment under the Medicare or Medicaid programs, the facility must meet certain federal requirements. The Centers for Medicare and Medicaid Services (CMS) has recently released a final rule revising these requirements. This is the first comprehensive update to long-term care facility requirements since 1991. CMS released…

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…

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…