There has been an explosion in the numbers of Americans rushing to make their will online. Understandably, the coronavirus pandemic has created the scramble to set up wills and end-of-life-directives. However, online do-it-yourself wills are sometimes invalid as they do not comply with all of the legal requirements here in Maine. The prevalence of willRead More
Author: William Skelton
Do I Need a Trust?
This is a common question we hear. Maybe you have a disabled child and you want a trust to permit that child to inherit without losing government benefits. Maybe you or your spouse are having health problems, and you can foresee eventually needing long-term care benefits. Trusts will allow you to avoid the expensive, public,Read More
Power of Attorney Misconceptions
A durable power of attorney is one of the most important estate planning documents you can have. It allows someone who you appoint (your agent) to make decisions on your behalf in the event you become incapacitated. If you have not appointed an agent, then your friends and family may not have the authority toRead More
Why Seniors Should Engage in Estate Planning
When it comes to establishing wills and estate plans, older Americans outpace their younger counterparts. Still, according to survey data, a significant number of people between 53 and 71, lack any type of estate plan. Although managing these details can seem daunting, and even depressing, the task becomes far less unpleasant with proper understanding andRead More
How Living Trusts Can Help Seniors
It’s an unfortunate fact that seniors can be prime targets for financial abuse and scams. Sadly, the elderly are often taken advantage of by strangers — and sometimes even their own family members. That’s why it’s important that planning is in place to help seniors protect themselves and their assets. As we age, it canRead More