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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,…
Keeping the Family Camp in the Family
With summer imminent, many Mainers and those “from away” will be heading to their camps or vacation properties for relaxation and recreation. Frequently, these camps are legacy properties that have been used by families for generations providing an important family tradition and shared memories. As time passes, the number of family members who wish to…
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…
Enactment of the Special Needs Trust Fairness Act
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…
New Federal Firearm Rule Protects Personal Representatives
An upcoming change in federal gun regulations stands to clarify the responsibilities of personal representatives of estates that include certain types of firearms. Early this year, U.S. Attorney General Loretta Lynch signed ATF Rule 41F, which makes significant changes to federal regulations regarding transfers of firearms covered by the National Firearms Act (NFA). The NFA…