Trustees have certain powers inherent under applicable laws and also as specified by contract. There are several powers of a trustee inherent under applicable Maine law if a trust document does not provide to the contrary. Being clear on the trustee’s powers in the trust itself is important for several reasons. The client creating the trust (the “Settlor”) should understand
Often when you attend a doctor’s appointment in Maine, one of the questions that will be asked of you at registration or check-in, is whether you have a “living will” or “advanced healthcare directive” and if so, if it is on file with the provider. Your answer may be a simple “yes” or “no”, but this blog is intended to
I. Introduction Estate planning is a critical process that often gets pushed to the back burner in our busy lives. It’s a subject many of us know we should address but tend to delay until a later date or avoid until an event of immanence occurs around our health or the health of a loved one. However, most people are
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