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Preserving Your Family Home Legacy: Secure the Future for Generations with Estate Planning in Maine
Owning a cherished family home, especially in the scenic coastal regions of Maine such as Mount Desert Island, Hancock, and Deer Isle/Stonington, is a dream for many. However, ensuring that the family home stays within the lineage and preserves its legacy can be a complex task. That’s where a seasoned attorney can provide important assistance…
Updates to the MaineCare Eligibility Rules Regarding Real Estate
The MaineCare program, administered by Maine’s Department of Health and Human Services, provides important medical and long-term care benefits to many Mainers. There are a variety of MaineCare benefits, based on the type of services and the basis for qualifying for benefits. DHHS encapsulates the rules for these subsets of the MaineCare program within the…
Trusts: A Powerful Tool for Protecting Your Assets
Are you familiar with trusts? Rudman Winchell Attorney and Partner, Kristy Hapworth, recently presented at the 2023 Trust & Wealth Management Conference in Freeport, sponsored by the Maine Bankers Association. During her presentation, Kristy spoke about the benefits of trusts for clients with moderate wealth. We’ll provide a summary of her expertise, focusing on different…
Asset Preservation for Married Couples Using Last Wills and Testaments
When people become chronically ill or disabled, they may need long-term care (LTC) services. Given the very high cost of LTC services, many people will apply for MaineCare (Maine Medicaid). People are sometimes surprised to learn that the application of the MaineCare rules varies based on whether the applicant is married and what type of…