Removing a Trustee Due to Incapacity
A trustee plays a critical role in managing a trust. However, if they become incapacitated, prompt action is necessary to protect the trust’s assets and beneficiaries.
Use Estate Planning to Prepare for Cognitive Decline – Annapolis and Towson Estate Planning
Data from sources like the U.S. Census Bureau shows in no uncertain terms that the U.S. population has grown older over the prior two decades.
What Should I Know about Guardianships? – Annapolis and Towson Estate Planning
Guardianships – also referred to as conservatorships – are drastic and invasive.
There Is a Difference between Probate and Trust Administration – Annapolis and Towson Estate Planning
Probate and trust administration are not the same. There are important differences and similarities between administering a decedent’s probate estate and administering a decedent’s trust estate.
Alzheimer’s, Dementia and other Brain Diseases Require Special Estate Planning Steps – Annapolis and Towson Estate Planning
Covid-19 or Coronavirus has created health worries and fear for everyone. For those with underlying health issues, which include multiple sclerosis, Parkinson’s disease, Alzheimer’s disease, or other brain diseases, those concerns are even more pronounced.
Retirement Planning and Declining Abilities – Annapolis and Towson Estate Planning
When a loved one is experiencing cognitive decline, emotional and medical considerations often overshadow the financial planning that needs to happen. This is a potentially costly mistake.
What Is So Important About Powers Of Attorney? – Annapolis and Towson Estate Planning
A power of attorney names a person who can act on your behalf. This person is called your “agent” or “attorney-in-fact.” Before you create a power of attorney, you should know your options and which ones your home state allows.