Planning for Digital Assets as Part of Estate Planning – Annapolis and Towson Estate Planning
Few of us plan our legacy for when we’ve died and how we’ll live on in the lives of others.
Will Contests May Be Rare, but They Do Happen – Annapolis and Towson Estate Planning
If a person makes a Will when he does not have the mental capacity to make a Will or when he is so dominated by another that he can't make the Will that he wants to make, a Will contest often results.
Financial Scams Targeting Seniors: How To Protect Yourself – Annapolis and Towson Estate Planning
Billions of dollars are lost to financial scams every year, and seniors are particularly at risk. One widely cited study found that older Americans lose $36 billion a year to elder financial abuse. This includes exploitation, fraud and trust abuse.
Even a Late Start toward Retirement is Better than None at All – Annapolis and Towson Estate Planning
Some people start preparing for retirement as soon as they get their first part-time jobs in high school. Others wait until they pay off their largest bills, like house loans, car loans and student loans.
What You Need to Know about Trusts for Estate Planning – Annapolis and Towson Estate Planning
Trusts fall into one of two main categories. The first category is composed of those that are established while the grantor (one who establishes the trust) is alive and are termed inter vivos (while living) trusts.
Selling a Parent’s Home after They Pass – Annapolis and Towson Estate Planning
Dealing with the death of a parent is challenging but selling their home can be fraught with land mines, particularly if they die without a will.
What Can I Do When My Aging Parent Refuses to Give Up Control? – Annapolis and Towson Estate Planning
There are plenty of aging parents out there making life difficult for their adult children…
End of Life Planning to Care for Loved Ones During Grief – Annapolis and Towson Estate Planning
Funeral pre-planning and pre-arranging is becoming more popular. Unfortunately, not everyone is able, or willing, to talk about their own mortality.
Not a Little Black Book, but a Big Red Binder – Annapolis and Towson Estate Planning
So many questions come up at a time like this, questions that you usually don’t have answers to: Who holds the mortgage? Is there a car payment due? Is there a will? And where?
What Are Some Advantages of Making Lifetime Gifts? – Annapolis and Towson Estate Planning
You probably give to others each year, such as for birthdays and Christmas gifts. Gifting can be done for other reasons, including during life or as bequests at death. The reasons for doing so could be to accomplish nontax or tax goals.