What Should I Know about Charitable Gifts? – Annapolis and Towson Estate Planning
Giving may provide the donor with a sense of purpose, as well as a sense of responsibility.
Is Life insurance a Good Idea? – Annapolis and Towson Estate Planning
According to the U.S. Department of Agriculture, a middle class family raising a child to adulthood will spend over $233,000 on that child between the ages of 0 to 18. That doesn't even factor in the cost of college education, which can be thousands of dollars more per year once a child reaches adulthood.
What’s the Difference between Probate Assets and Non-Probate Assets? – Annapolis and Towson Estate Planning
Non-probate assets are those assets which do not go into an estate when the owner dies.
What’s the Best Way to Mess Up Estate Plan? – Annapolis and Towson Estate Planning
Here are the top five mistakes people make that upend their planning.
Do Grandchildren Get Some of the Estate If Their Dad Dies before Me? – Annapolis and Towson Estate Planning
What if parents have wills and their contingent beneficiaries are their two adult children. If one of the adult children dies before the parents, who gets that contingent beneficiary’s share?
Can I Change My Estate Plan During Divorce? – Annapolis and Towson Estate Planning
At such an emotional time, more paperwork is probably the last thing you want on your to-do list. However, taking a few key steps is critical to your financial future.
What Do I Do with Estate Plan after Divorce? – Annapolis and Towson Estate Planning
Major changes in your life—such as marriage, having a baby, moving out of state, or divorce—should prompt a revisit to your current will. It is important to revise your will at these times, in order to ensure that your estate planning is up to date.
How Can I Pass Wealth to My Children and Grandchildren? – Annapolis and Towson Estate Planning
Inherited assets come with benefits, along with some burdens
What Should Small Business Owners Know about Estate Planning? – Annapolis and Towson Estate Planning
Small business owners have their hands overflowing with issues, and they devote most of their time to matters related to the smooth running of the business. Having no time to think about other matters, they do not bother about estate planning for them.
When Should You Update Your Estate Plan? – Annapolis and Towson Estate Planning
If your life changes, so should your estate plan. Marriage, divorce, death of a spouse, a birth and a changing relationship with a child are just some of the life changes that may affect your estate plan.