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.
Don’t Miss Out on Estate Planning Opportunities – Annapolis and Towson Estate Planning
People often overlook critical steps when they are doing their estate planning.
How Do You Provide Financial Help for a Special Needs Child and Retirement Too? – Annapolis and Towson Estate Planning
People with children who cannot support themselves need to think well past their own lifetime and figure out how to provide for children after they are gone.
Planning for Long Term Care Is Important – Annapolis and Towson Estate Planning
What types of decisions have you and your loved ones made, or avoided making, about planning for the years ahead?
Should We Have an ABLE Account or a Special Needs Trust? – Annapolis and Towson Estate Planning
As government programs do not cover all expenditures related to these categories, ABLE accounts can be used to pay for shortfalls.
What Should I Know about Guardianships? – Annapolis and Towson Estate Planning
Guardianships – also referred to as conservatorships – are drastic and invasive.
Does a Supplemental Needs Trust have an Impact on Government Benefits? – Annapolis and Towson Estate Planning
For disabled persons receiving financially based government benefits, supplemental needs trusts (‘SNTs’) can safeguard benefits and serve as an effective estate planning tool.
Should You Update Your Estate Plan? – Annapolis and Towson Estate Planning
Frequent triggers also include changes in the health of executors and guardians; changes in laws, which may impact tax and legal strategies; and changes in state residence, which can also impact planning.
What Do Elder Law Attorneys Do? – Annapolis and Towson Estate Planning
Elder law attorneys can help with a long list of legal matters that seniors often face…
What You Need to Know about Long-Term Care – Annapolis and Towson Estate Planning
As retirees live longer, many worry about outliving their savings. However, many older Americans haven’t planned for a looming expense: the cost of long-term care.