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Medicaid Estate Recovery: Will the State Take my House?
Byadmin
There is a lot of misinformation and confusion surrounding estate recovery and the Maine Medicaid (MaineCare) long-term care benefit. One of the biggest fears we hear from aging Mainers is, “I don’t want the State to take my house.” That only happens in the context of a process called estate recovery. Estate recovery can only…
It’s Just Stuff, After All
Byadmin
It is not surprising that only 42% of adults in the U.S. have a documented estate plan. It is easy to put estate planning off until tomorrow rather than confront the uncomfortable truth that we will some day die, and face the difficult decisions that are best made in advance of that day. One of…
Third-party Contract Beneficiaries
Byadmin
Frequently, an individual or entity not a party to a specific contract may be affected by a breach to that contract. For example, a municipality may contract with a landscaper to periodically remove brush and other shrubbery encroaching on a road. A homeowner uphill from that road gains a benefit from this contract as it…
What Is Long Term Care
Byadmin
What is Long Term Care? And Why Should We Plan For It? What is Long Term Care? Long term care happens in that phase of life when a person can no longer manage his day-to-day activities without someone else’s assistance; that “helper” is often referred to as a caregiver.The caregiver’s services might take…
