How Do You Plan for the Death of a Spouse? – Annapolis and Towson Estate Planning
Beneficiary designations, tying up loose ends, reporting last wishes—here’s what you can do now.
Do You Know Your Job as Executor, Agent or Trustee? – Annapolis and Towson Estate Planning
Has a family member or close friend asked you to serve as their executor, trustee or power of attorney? If you accepted the responsibility, do you know what this entails? Have you been given a copy of the documents you were named under? Do you know when you would begin serving in these roles? These are all important questions to ask or consider.
How Do You Ask Parents about Estate Planning? – Annapolis and Towson Estate Planning
Do you expect your parents to leave you a financial legacy? Nearly half of working-age Americans assume that they will receive an inheritance that will support them later in life, according to a survey by financial services company HSBC. Perhaps the bigger question, though, is how to even approach this topic with your parents.
The Wrong Power of Attorney Could Lead to a Bad Outcome – Annapolis and Towson Estate Planning
When do you need your estate plan to ‘go to work’ for you? While you may think the right answer is ‘after I die,’ the actual answer is ‘if I lose the ability to manage my own affairs.’
What Does My Estate Plan Look Like after Divorce? – Annapolis and Towson Estate Planning
Some marriages end in noise and pain. Other marriages drift away quietly with the signing of documents and only a hint of acrimony.
How to Plan for Incapacity – Annapolis and Towson Estate Planning
One in four American adults live with a disability, according to the Center for Disease Control. One in 10 adults over the age of 65 has Alzheimer’s or dementia, according to the Alzheimer’s Association.
Coronavirus Makes Estate and Tax Planning an Urgent Task – Annapolis and Towson Estate Planning
What may have seemed like something to take care of ‘one day,’ has turned into a basic necessity that makes it essential and necessary for you to encourage your clients to act now.
What You Need to Do after a Loved One Dies – Annapolis and Towson Estate Planning
When a family member or other loved one dies, the natural response is to feel overwhelmed. However, there are some very practical and legal matters that need to be attended to ‘immediately, if not sooner.’
Your Children Wish You Had an Estate Plan – Annapolis and Towson Estate Planning
Without a proper elder law estate plan, the children’s responsibilities are even more exhausting, stressful and sad.
Do I Need a Revocable Living Trust? – Annapolis and Towson Estate Planning
Do you ever worry about how your beneficiaries will manage their portion of their inheritance when you pass away? One solution that allows you to still exert some control over your money–even after passing–is with a revocable living trust (RLT).