How Does a Trust Work? Sims & Campbell Estate Planning
There’s no single path for everyone to follow. However, you might consider establishing a trust, which offers some key benefits.
High Interest Rates Have an Impact on Estate Planning – Annapolis and Towson Estate Planning
When the 7520 rate is low—as it has been for 15 years—opportunities for good planning abound. However, what about when the rate is high? Few estate planners have needed to ask themselves that question until very recently.
Who Needs a SLAT Trust? – Annapolis and Towson Estate Planning
A SLAT is an irrevocable trust set up while both spouses are still alive, in which one spouse is the designated beneficiary of the other spouse.
What Is the Point of a Trust? – Annapolis and Towson Estate Planning
Thinking about what happens to your family when you pass away may be upsetting. However, it can be a good way to reduce the stress your loved ones will deal with during the grieving process.
Factors to Consider when Picking Executor, Trustees and POAs – Annapolis and Towson Estate Planning
One of the biggest challenges that clients encounter during the process is deciding who to appoint as their trustees, powers of attorney, health care surrogates and executors.
What Happens when You Inherit a Retirement Account? – Annapolis and Towson Estate Planning
There’s almost always a reckoning when the government proffers a tax break. So it is with individual retirement accounts (IRA)s, 401(k)s and similar accounts that investors fund with pre-tax earnings.
Top 10 Success Tips for Estate Planning – Annapolis and Towson Estate Planning
Estate planning is one of the most important steps you can take for yourself and your loved ones.
Estate Planning Considerations for Minor Children – Annapolis and Towson Estate Planning
When preparing estate planning documents, certain beneficiaries may need more protection than others. One particular class of beneficiaries that needs to be intentionally considered is minor children.
How Does Probate Court Work? – Annapolis and Towson Estate Planning
Probate court is a segment of the judicial system that oversees the execution of wills as well as the handling of estates, conservatorships and guardianships.
Can a Trust Be Created to Protect a Pet? – Annapolis and Towson Estate Planning
With the largest spike in mortality in the United States in a century, following the onset of the pandemic, providing for one’s pets after death has become a growing topic of conversation for many animal lovers across the country.