Financial Powers of Attorney

What is a Financial Power of Attorney? In a financial power of attorney, you (the principal) appoint an agent who is authorized to make decisions regarding your finances and property. This legal document states the circumstances when your agent can a… Read More
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ABLE Accounts: Resources and Developments, Including a Special Opportunity for Mainers

The ABLE account was passed by Congress in December of 2014, and it has evolved over the handful of years since then through changes in the law and the adoption of regulations expanding the understanding of, and uses for, ABLE accounts. One recent pi… Read More
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ABLE Accounts: Housing and ISM

The ABLE account is a relatively new planning tool that offers an individual with eligible disabilities a tax-free savings option that does not interfere with their eligibility for means-tested government benefits. As discussed in the first article i… Read More
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ABLE Accounts: The Basics

The Achieving a Better Life Experience Act (ABLE Act) was passed by Congress in December of 2014, authorizing the states to establish programs with special financial accounts for individuals with disabilities. The ABLE law refers to these individuals… Read More
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Fifteen Myths Regarding Medicaid Nursing Home Benefits in Maine Myth 14 and 15

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 14: The Medicaid Rules That Applied to My Neighbor When He Went Into a… Read More
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Fifteen Myths Regarding Medicaid Nursing Home Benefits in Maine Myth 12 and 13

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 [12: I Should Transfer My Assets Now to Get Medicaid Benefits in the F… Read More
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Fifteen Myths Regarding Medicaid Nursing Home Benefits in Maine Myth 11

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 11: My Spouse or My Agent Under My Power of Attorney Has the Power to… Read More
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Fifteen Myths Regarding Medicaid Nursing Home Benefits in Maine Myth 10

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 10: I Can Only Give Away $10,000 Per Year Under Medicaid Rules. The Tr… Read More
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Fifteen Myths Regarding Medicaid Nursing Home Benefits in Maine Myth 9

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 9: I Have to Wait Five Years After Giving Anything Away to Get Medicai… Read More
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Fifteen Myths Regarding Medicaid Nursing Home Benefits in Maine Myth 7 and 8

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 7: My Income Has to Be Used to Pay My Spouse’s Nursing Home Bill. Th… Read More
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