by Mia | May 1, 2024 | Long Term Care
By Mia Poliquin Pross, Esq. People often hear about the federal annual gift tax exclusion that allows one to make gifts up to a certain amount per year, per person, without having to file a gift tax return. The gift tax exclusion amount for 2024 is $18,000, and it...
by Mia | Nov 18, 2021 | Long Term Care, MaineCare
By Mia Poliquin Pross, Esq. It’s no secret – long term care is incredibly expensive. The average cost of nursing home care in Maine is about $10,000 per month. How do you pay for that expense if or when it’s needed? There are generally only a handful of payment...
by Mia | Oct 18, 2021 | Long Term Care, MaineCare
By Kathleen Kienitz, Esq. A recurrent question in the context of estate planning, is what can I do to protect my home? To get to the answer, it is necessary to first ask: protect it from what? More often than not, the answer to the second question is usually along the...
by Mia | Apr 18, 2019 | Long Term Care, MaineCare
By Mia Poliquin Pross, Esq. We often talk to elderly people who are living in homes that are too big and burdensome for their current lifestyle or health condition. But those homes are sometimes the elder’s major asset and they want to leave it as an inheritance for...
