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FIFTEEN MYTHS REGARDING MEDICAID NURSING HOME BENEFITS IN MAINE MYTH 2
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. Myth 2: I Have to Give Away Everything I Own to Get Medicaid. The Truth: Certain assets are non-countable or exempt and are typically not considered when an individual…
Estate Planning and Elder Law: Tax Planning in 2018
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…
Attorneys Candace Augustine and Stephen Wagner Promoted to Senior Counsel at Rudman Winchell
Bangor, Maine, January 1, 2022 – Rudman Winchell is pleased to announce that attorneys Candace T. Augustine and Stephen W. Wagner have been named senior counsel. Candace and Stephen have been promoted to this senior position because of their deep understanding of their practice areas and their record of success on behalf of their clients….
Expanded Access to SSI: What Maine Residents Need to Know
The Social Security Administration (SSA) recently announced a significant update to the Supplemental Security Income (SSI) program that will benefit many individuals in Maine. This update, effective September 30, 2024, broadens the definition of a public assistance household, making it easier for more people to qualify for SSI and potentially increase the payments for current…
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…