Planning Ahead: Asset Protection Trusts

Caregiving from family and friends is an invaluable help, particularly for older individuals who wish to continue living in their homes. Fortunately, many Mainers support each other by assisting with the multitude of daily living tasks. According to Valuing the Invaluable: 2015 Update by the AARP Public Policy Institute, 178,000 Mainers each provide an average…

Military families who stay in the service until retirement can easily provide survivor benefits for a child with disabilities without effect that child’s eligibility for public benefit programs. In December of 2014, the Disabled Military Child Protection Act was signed into law. Prior to the enactment of this law, a military parent had to choose…

For various reasons, sometimes parents are unable to care for their children. For example, a child may be taking a trip out of state with a school or extracurricular program and an unrelated adult supervising the trip needs authority to make medical decisions if a problem arises. Other situations might be more long-term, such as…