How Does My Co-op Fit into My Estate Planning? Annapolis and Towson Estate Planning
In most cases, a co-op board has enormous latitude to approve or deny the transfer of a unit’s shares and proprietary lease.
Can I Protect My Family after Death? Annapolis and Towson Estate Planning
The future is uncertain. However, you can ensure that your family and loved ones are taken care of with estate planning. Estate planning is a critical component of financial planning for the future.
Some Expenses are Paid by Estate and Some by Beneficiary – Annapolis and Towson Estate Planning
If you’re set to inherit, you may be wondering what estate expenses are paid by the beneficiary. The answer can depend on what assets are passed on to you when a family member or loved one passes away.
What are Big Mistakes When Writing Financial Power of Attorney? Annapolis and Towson Estate Planning
Estate experts agree that a financial power of attorney is one of the most important documents to include in your estate planning. It allows you (the “principal”) to name a person you trust (your “agent”) to make decisions about your property and finances if you cannot.
How Does Guardianship Work? – Annapolis and Towson Planning
If you haven't had any experience with guardianship for adults with dementia, it's likely you don't understand just how complex it is. You are not alone.
Beneficiary Mistakes to Avoid – Annapolis and Towson Planning
Before making a decision on a beneficiary, it's very important to check your state laws. Some states have different rules on who you can name as a beneficiary.
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.
Should Each Child Get Equal Inheritance? – Annapolis and Towson Estate Planning
Equally sharing the wealth among the children isn’t always fair, such as when one sibling is the primary caretaker, or another is already wealthy.
What Is Included in an Estate Inventory? – Annapolis and Towson Estate Planning
One of the essential steps in the probate process is filing an inventory of all the assets that are part of the estate.
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