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Change in Maine Law Regarding Liability of an Agent Serving Under a Financial Power of Attorney
Byadmin
In a financial power of attorney, one person (the principal) gives another person (the agent) the authority to manage the principal’s property and to make financial decisions for the principal. A financial power of attorney (FPOA) is a very powerful document. An expansive FPOA may give the agent authority that is as broad as or…
Enactment of the Special Needs Trust Fairness Act
Byadmin
On Tuesday December 13, 2016, President Obama signed the 21st Century Cures Act. Several pieces of the legislation focus on medical breakthroughs. It also includes the Special Needs Trust Fairness Act. Elder law attorneys across the country have been advocating in support of the Fairness Act for years. The passage of the Fairness Act means…
Achieving Better Life Experience
Byadmin
Do I have to spend down my entire settlement or inheritance to be able to keep my Supplemental Security Income (SSI)? No! There is a new savings tool available to individuals with disabilities called the ABLE account. ABLE stands for Achieving a Better Life Experience. This Act was passed in December 2014, and it allows…
Proposed Maine Law: An Act to Support Death with Dignity
Byadmin
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…
