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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…
FIFTEEN MYTHS REGARDING MEDICAID NURSING HOME BENEFITS IN MAINE MYTH 5 and 6
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 5: If I Enter a Nursing Home as a Private Pay Resident, I Must Spend All of My Assets on My Medical Care and Nursing Home Bills Before…
What is Long-Term Care? Why Should We Plan for It?
I am often asked why we should worry about planning for long-term care. It is a good question. I think before we can talk about why we should talk about what. What is long-term care? We hear that phrase all over the place. What does it actually mean? Long-term care happens in that phase of life…
FIFTEEN MYTHS REGARDING MEDICAID NURSING HOME BENEFITS IN MAINE MYTH 3 and 4
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 3: If I Put My Property in My Spouse’s Name, I Will Be Eligible for Medicaid. The Truth: This is not true when an individual is applying for…
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…
6 Estate Planning Facts You Need To Know
While estate planning is a personalized process that is impacted by each individual’s unique family and financial circumstances, there are some questions that estate planners are asked, again and again, by a majority of our clients. Here are some of the questions I hear most often: Will my estate need to go through probate after…