5 Ways to Avoid Inheritance Conflict Inheritance Conflict

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Trusts: A Powerful Tool for Protecting Your Assets

Trusts: A Powerful Tool for Protecting Your Assets

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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…

Preserving Your Family Home Legacy: Secure the Future for Generations with Estate Planning in Maine
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Preserving Your Family Home Legacy: Secure the Future for Generations with Estate Planning in Maine

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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…

Estate Planning and Elder Law: Tax Planning in 2018

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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…