Who Is the Best Choice for Power of Attorney? – Annapolis and Towson Estate Planning
These agents take over your affairs in specific areas, if you become physically or mentally incapacitated.
What Happens to Parents’ Debt when They Die? – Annapolis and Towson Estate Planning
Adult children typically don’t have to pay their parents’ bills. However, there are exceptions. Even when a child doesn’t have to pay directly, debt could reduce what they inherit.
Does the Executor Control Bank Accounts? – Annapolis and Towson Estate Planning
Administration of a decedent’s estate may involve investment accounts (with stocks and bonds) held in the decedent’s name or trust.
What Assets Should Be Considered when Planning Estate? – Annapolis and Towson Estate Planning
From digital assets to financial accounts to sentimental items, here’s what to think about to make sure your loved ones have access to everything they need when you pass away.
Write a Letter of Instruction for Loved Ones – Annapolis and Towson Estate Planning
Executors can use additional information in administering estates, especially if the executor is unrelated to the decedent.
What Legal Terms in Estate Planning do Non-Lawyers Need to Know? – Annapolis and Towson Estate Planning
For most people, entering the realm of estate planning can feel a bit like traveling as a tourist into another culture. Because the language itself is unfamiliar, asking a question can result in an answer that is equally confusing.
What Is the HEMS Standard? – Annapolis and Towson Estate Planning
The ‘HEMS’ (health, education, maintenance, support) standard in estate planning is used to guide trustees in how/when they should release funds to a beneficiary.
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 Is Elder Law? – Annapolis and Towson Estate Planning
Estate Planning may not be something you necessarily WANT to think about, but it could protect your interests and wishes long after you are gone.
What are the Advantages of Putting an Estate in a Modern Directed Trust? – Annapolis and Towson Estate Planning
Modern trusts can be drafted, and existing trusts can be modified, to provide flexibility allowing a family the ability to navigate an unknown future and preserve family legacies intergenerationally.
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