Preparing for the Inevitable: The Loss of a Spouse – Annapolis and Towson Estate Planning
According to the U.S. Census Bureau, the average age of widowhood in the United States is a surprisingly young 59.
What Is an Advance Care Directive? – Annapolis and Towson Estate Planning
Among the greatest gifts you can give your family is completing a medical power of attorney to help guide them, legal and other professionals say, and they note the start of the year is a good time to make this a priority.
How Do I Incorporate My Business into My Estate Planning? – Annapolis and Towson Estate Planning
Running and owning a business is just like raising a child: Both are investments in the future, and both require a lot of time, resources and effort to raise successfully. One can argue that you would treat your business like you'd treat a child; you'd want it to succeed even after you've passed on or retired.
Creating an Estate Plan Should Be a New Year’s Resolution – Annapolis and Towson Estate Planning
With a new year upon us, it is a perfect time for people who have not begun the process to understand the benefits of getting a plan started.
Failure to Act on a Will Can Lead to a Loss of an Estate – Annapolis and Towson Estate Planning
Probate is the legal process of presenting the will to the public, by hiring an attorney to present the will to the judge of the probate court. If the judge finds that the will meets all the necessary legal criteria, and there is no contest of the will, the judge signs a court order recognizing the will and authorizing the nominated executor to act for the estate.
Why a Will Is the Foundation of an Estate Plan – Annapolis and Towson Estate Planning
If you care about what happens to your money, home and other property after you die, you need to do some estate planning.
What Do I Need to Do for Estate Planning if I’m a “Solo Ager”? – Annapolis and Towson Estate Planning
I am 62, not married and do not have any children. Do I need to be doing anything special with my retirement planning?
Start the New Year with Estate Planning To-Do’s – Annapolis and Towson Estate Planning
Every estate plan should bring you peace of mind, but much more than that, an estate plan is one of the best gifts you can give your loved ones.
How Does the SECURE Act Change Your Estate Plan? – Annapolis and Towson Estate Planning
These changes are so significant that every such plan holders should review their wishes and how their estate plans may be affected.
Is There Estate Tax on the Property I Inherited? – Annapolis and Towson Estate Planning
Real estate is one of the most common types of assets that pass from one generation to the next through inheritance. Whether you expect to inherit property or plan to leave some behind, it pays to be aware of the basic tax implications.
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