Updated August 7, 2026. Quick answer: every figure Clear Money Guide holds about Maine, on one page, each one copied from a dataset that cites its own statute or agency. Built for reporters on deadline — take any line, follow the link for the source.
What stands out about Maine
These are the figures where Maine differs most from the rest of the country — selected by counting how many jurisdictions share each value, not by editorial preference.
- Formation fee: $175 — the only jurisdiction of the 48 we have data for
- Trigger: the premium due date specified in the policy — one of only 4 of 47
- Deposit cap: 2 months’ rent — one of only 4 of 37
- Salary history ban: yes — one of only 9 of 49
What dying costs here
- Small estate limit: 40000
- Small estate scope: personal_only
- State estate tax exemption: 7160000
Source and full detail: the cost-of-dying index. Figures copied from those pages, which own them.
Estate and property law status
- Authorized: yes
- Statute or act: 4 M.R.S. Chapter 39 (RULONA), 1915 remote provisions
- Effective date: 2023-07-01
- Conditions: Notary must file a Notice to Perform Electronic and/or Remote Notarizations and be approved by the SOS; must use an SOS-approved communication-technology provider and complete its training; permanent journal retained 10 years. Live AV appearance required – full RON, not RIN.
- Association name: Maine Life and Health Insurance Guaranty Association
- Death benefit limit: $300,000
- Cash surrender limit: $100,000
- Annuity limit: $250,000
- Aggregate limit: $300,000
- Statute citation: 24-A M.R.S. § 4603(3), (4) (Maine Life and Health Insurance Guaranty Association Act)
- Free look days: 10 days
- Trigger: delivery of the policy to the person to whom it is issued
- Refund basis: refund of the premium paid
- Grace period days: 30 days, or at the insurer’s option one month of not less than 30 days
- Coverage during grace: the policy shall continue in full force; the insurer may impose an interest charge not exceeding 6% per annum for the days of grace elapsed; and whether or not interest is imposed, if a claim arises during grace, the amount of any premium due or overdue, together with interest and any deferred in…
- Variations: 4 weeks for industrial life insurance policies whose premiums are payable more frequently than monthly (same section). Annuities and pure endowments: one month, but not less than 30 days, with interest not exceeding 6% per annum (24-A M.R.S. § 2518).
Source and full detail: notary rules by state · guaranty association limits · life insurance free-look periods · life insurance grace periods. Figures copied from those pages, which own them.
Working and earning here
- Quit deadline: No later than the employee’s next established payday
- Fired deadline: No later than the employee’s next established payday
- Statute citation: 26 M.R.S. 626
- Has law: No
- Disclosure trigger: none
- Salary history ban: yes
- Local ordinances: none identified
- Wage replacement: 90% of average weekly wage up to 50% of the state average weekly wage, then 66% of the portion above that; maximum weekly benefit = the state average weekly wage
- Max weeks family: 12 weeks
- Max weeks medical: 12 weeks, but family and medical leave share a single 12-week aggregate cap
- Funding: both employer and employee; combined premium capped at 1.0% of wages since January 1, 2025
- Benefits effective date: 2026-05-01
- Mandatory: mandatory
- Authority: statute
- Contested: no
Source and full detail: final paycheck laws by state · pay transparency laws by state · paid family leave by state · the convenience-of-the-employer rule. Figures copied from those pages, which own them.
Renting here
- Deposit cap: 2 months’ rent
- Return deadline: Written rental agreements: up to 30 days as stated in the agreement. Tenancy at will: 21 days after termination or surrender/acceptance, whichever is later.
- Interest required: no
- Statute citation: 14 M.R.S. 6032, 6033, 6034
Source and full detail: security deposit law by state. Figures copied from those pages, which own them.
Starting a business here
- Formation fee: $175
- Annual report: $85 (domestic LLC); $150 for a foreign LLC
- Franchise tax: none found in the sources searched
- Publication requirement: none identified
- Expedite options: $50 for 24-hour service; $100 for immediate service
- Statute citation: 31 M.R.S. § 1680 (filing and copying fees; penalties); 31 M.R.S. § 1665 (annual report)
- Five year total: at least $600
Source and full detail: LLC cost by state. Figures copied from those pages, which own them.
Tax treatment here
- Has law: Yes
- Treatment: ordinary income
- Rate: top marginal 7.15%
- Preferential mechanism: none
- Tax year: 2026
- Statute citation: 36 M.R.S. § 5111 (rates); 36 M.R.S. § 5403 (annual inflation adjustment of brackets)
Source and full detail: capital gains tax by state. Figures copied from those pages, which own them.
For journalists: how to cite this
Clear Money Guide, Maine Money Statistics 2026. https://clearmoneyguide.com/state-money-statistics/maine/. Every figure on this page is copied from a Clear Money Guide dataset that states its own primary source and the date it was read — follow the section links for the statute or agency behind any number. Free to reuse with attribution under CC BY 4.0.
What this sheet does and does not contain
This sheet aggregates; it does not research. Every figure is copied from the owning page linked in each section, and a figure we do not own is simply absent — not estimated, not inferred from a neighbouring state. That is why sheets differ in length: this one states 51 figures, and a state where we hold less will show fewer. A short sheet means we have less, not that the state has less.
Statutory law changes. Each linked owner page carries the date its figures were read; check there before relying on anything here. See also Maine financial adviser statistics and all 51 state money sheets.
General information about published law and public data, not legal, tax or investment advice. No advertising appears on this page and we earn nothing from it.