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Why You Need an Estate Planning Attorney
Handling legal documents without expert guidance can lead to costly mistakes, overlooked details and unintended consequences.
How to Create an Estate Plan That Works
It can be easy to overlook. However, an estate plan is essential for nearly everyone, whether you have a lot of money or just a little.
How Divorce Affects an Estate Plan
Divorce significantly impacts estate planning, requiring updates to wills, trusts and beneficiary designations to ensure that assets are distributed according to new intentions.
Protect Your Elderly Parents from Scammers – Annapolis and Towson Estate Planning
Scam artists often target older adults, partly because they have amassed greater wealth.
There are Less Restrictive Alternatives than Guardianship – Annapolis and Towson Estate Planning
Although laws vary from state to state, every state requires that less restrictive alternatives be considered before invoking a guardianship. These might include such vehicles as limited guardianships, powers of attorney or assisted decision-making agreements.
The Most Important Part of Estate Plan Is Planning for Living – Annapolis and Towson Estate Planning
Does a person need a Power of Attorney document if that person already has a Last Will and Testament (‘Will’)? It is a good question.
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.
Should I Discuss Estate Planning with My Children? – Annapolis and Towson Estate Planning
Many baby boomers may hesitate to discuss money with their children. However, the reality is that a massive amount of wealth will be transferred in the next couple of decades. Cerulli Associates estimates that about $68 trillion will move between generations within 25 years, with most of those assets transferred to Generation X households.
Get Estate Plan in Order, If Spouse Is Dying from a Terminal Illness – Annapolis and Towson Estate Planning
Planning for the death of a spouse is difficult and painful. It involves conversations that we don’t want to have.
Does an Estate Plan Need to Change because of the New Administration? – Annapolis and Towson Estate Planning
Now that there is a Democratic majority in the Senate and the House of Representatives, estate and gift tax law changes are expected to occur in 2021 or 2022.