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Why Consult an Estate Planning Attorney?
January 1st, 2018
What Is Estate Planning? An “estate” consists of the real and personal property owned by an individual or over which the individual has some control. “Estate planning” is the process of arranging for the protection and transfer of your estate…
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Categories: Estate Planning, Wills & Trusts
What Professional Advisors Need to Know About Special Needs Trusts Pursuant to 42 U.S.C. §1396p (d)(4)(A)
January 1st, 2018
Why Does 42 U.S.C. § 1396p(d)(4)(A) Matter to an Individual with Disabilities? Many individuals with disabilities depend on public benefits like Supplemental Security Income (SSI) and Maine Medicaid (MaineCare). Those benefits are “means-tested”…
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Categories: Special Needs Planning
Pooled Trusts
January 1st, 2018
A pooled trust is one way to protect the assets of individuals with disabilities who depend on public benefits to meet their basic needs. The federal law and Maine Medicaid (MaineCare) rules that authorize d4A trusts created for the benefit of one in…
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Categories: Special Needs Planning
Introduction to Special Needs Trusts
January 1st, 2018
A special needs trust is established for the benefit of an individual with disabilities. There are several types of special needs trusts, but the purpose of all special needs trusts is the same: to maximize resources and to administer trust assets wi…
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Categories: Special Needs Planning
Why Plan for Long-Term Care Expenses? Current Costs of Long-Term Care
November 17th, 2017
A research article published by the U.S. Department of Health and Human Services found that one-half of United States citizens turning age 65 will develop a need for long-term care services and supports.i One out of seven elderly adults will require…
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Categories: Uncategorized
Certainty from CMS on State Treatment of the New ABLE Accounts for Individuals with Disabilities
November 8th, 2017
On September 7, 2017, the Centers for Medicare and Medicaid Services issued its letter to State Medicaid Directors regarding the implication of the ABLE Act for state Medicaid programs.1 The letter gives guidance and predictability as to how these ne…
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Categories: Uncategorized
November is National Alzheimer’s Disease Awareness Month
November 2nd, 2017
November is National Alzheimer’s Disease Awareness Month. Here at Maine Elder Law Firm, we often work with families who are affected by Alzheimer’s disease or another form of dementia. Early planning can allow for the individual with dementia to…
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Categories: Uncategorized
2017 National Conference on Special Needs Planning
October 25th, 2017
Jane Skelton presented at the annual National Conference on Special Needs Planning and Special Needs Trusts in St. Petersburg, Florida, on October 19 and 20, 2017. This is the 19th year that the Stetson University College of Law has provided this nat…
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Categories: Uncategorized
Tips for a Mainecare Long-term Care Application
October 2nd, 2017
In Maine, the Medicaid benefit is administered by the Department of Health and Human Services (DHHS) and is called MaineCare. MaineCare can help pay for long-term care services for individuals who are both medically and financially eligible for the b…
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Categories: Uncategorized
The Voice(r), the Official Newsletter of SNA August, 2017 - Vol. 11, Issue 5
August 16th, 2017
The Voice is the e-mail newsletter of The Special Needs Alliance. This installment was written by Special Needs Alliance member Gregory Wilcox of Berkeley, California. Greg’s firm focuses on government benefits and estate planning for the elder…
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Categories: Uncategorized