Storing Passwords in Case of Death – Annapolis and Towson Estate Planning
Deborah Placet had no idea how to access her husband’s cryptocurrency and other digital accounts after his unexpected death at age 52.
Can I Restructure Assets to Qualify for Medicaid? – Annapolis and Towson Estate Planning
Several types of special income trusts and other strategies can be helpful, when trying to protect your family’s assets from the devastating costs of long-term care.
How Do I Plan with a Special Needs Child? – Annapolis and Towson Estate Planning
For parents who have a child with special needs, planning for their loved one’s life after they themselves are gone can be overwhelming. Breaking the process down into manageable parts and working with specialized professionals and companies can help.
Any Ideas How to Pay for Long-Term Care? – Annapolis and Towson Estate Planning
The costs of long-term care for older adults can be significant. Federal Medicare health insurance benefits do not cover most of these costs. Most people who incur costs for long-term care cover them with a combination of personal savings, long-term care insurance and Medicaid, among other sources.
How Do You Gift Your House to Your Children during Your Lifetime? – Annapolis and Towson Estate Planning
There are many ways to pass property on to children, including gifting the family home to them while you are still alive, bequeathing it to the children upon your passing, or selling the residence to your heirs.
Is It Necessary to have a Medical Power of Attorney? – Annapolis and Towson Estate Planning
Selecting medical powers of attorney is an important step that aging parents should take to ensure they get the care they wan,t if they are unable to advocate for themselves.
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.
Will My Social Security Benefits Be Taxed? – Annapolis and Towson Estate Planning
Uncle Sam is not the only one looking for a piece of your retirement income. Is your state on this list?
What Happens If I Take a Bigger RMD? – Annapolis and Towson Estate Planning
Sometimes only taking the minimum IRA distribution can be a costly mistake. When deciding how much to withdraw this year, you need to consider the big picture. For some people, it makes sense to go big.
Who Should I Name as Trustee? – Annapolis and Towson Estate Planning
You created your revocable living trust to hold your assets. You did so because of the probate avoidance and other benefits. You may have included sophisticated tax-planning provisions in your trust.
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