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It’s Just Stuff, After All
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…
Dealing With Debt After Death
Families face a number of challenges when a loved one dies. The last thing a grieving family member needs is to be bombarded with calls from creditors trying to collect the debts of the deceased relative. It happens, nonetheless. Fortunately, the obligation of repayment generally does not extend to the deceased debtor’s family members. Instead,…
FIFTEEN MYTHS REGARDING MEDICAID NURSING HOME BENEFITS IN MAINE
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,…
Prince may not have had a will. Don’t let this happen to you
The Artist Formerly Known as Prince, aka Prince Rogers Nelson, died on April 21, 2016, purportedly without a Last Will and Testament, or any estate plan, in place, according to documents filed by his sister Tyka Nelson in the probate division of a Minnesota District Court. If that proves to be the case, Prince joins…
Detecting Elder Abuse
For years, Maine has been the oldest state in the nation. Our median age has risen to 44.9. About 21.2% of the state population is 65 or older. Elder abuse is prevalent and especially difficult to detect because these individuals often are reluctant or unable to report abuse, whether financial or physical. Elderly individuals may excuse…