Can a Trust Be Amended? – Annapolis and Towson Estate Planning
In their trust they leave each other their share upon death and then I would be trustee when my last parent dies. I’m really concerned about this whole deal.
Estate Planning a Necessity for Small Business Owners – Annapolis and Towson Estate Planning
As a small business owner, you have worked incredibly hard to make your business a success. What began as an idea is now, due to your vision and hard work, a successful business.
Elder Law Estate Planning for the Future – Annapolis and Towson Estate Planning
You make things easier for the children, by planning for the possibility of a nursing home stay because you take the burden off the children to make crisis decisions for your long-term care costs.
When Is the Best Time to Disinherit a Child? – Annapolis and Towson Estate Planning
I have a sister, who I have not seen or heard from in 40 years, when she said she hated all of us and never wanted anything to do with us again. She even gave up her 5-year-old son for strangers to adopt and would not let my parents adopt him.
Protecting Your Family’s Inheritance – Annapolis and Towson Estate Planning
We all want the best for our family. We work hard to provide for them. Make sure your hard work continues to provide for them once you are gone, by investing in thoughtful estate planning.
How to Design an Estate Plan with a Blended Family? – Annapolis and Towson Estate Planning
No one marries with the intention of getting divorced, but about half of all marriages in the U.S. will end in divorce. Divorce and second marriages can complicate the process of estate planning and present a number of challenges.
Do I Need a Spendthrift Trust for a Relative? – Annapolis and Towson Estate Planning
Sometimes you have to hold the reins tight, especially when it comes to money. A spendthrift trust does exactly that.
Estate Planning Can Solve Problems Before They Happen – Annapolis and Towson Estate Planning
The word ‘estate’ conjures images of great wealth, which may be one of the reasons why so many people don’t develop estate plans—after all, they’re not rich, so why make the effort? In reality, however, if you have a family, you can probably benefit from estate planning, whatever your asset level.
What Happens When the Family Fights over Personal Items or Artwork? – Annapolis and Towson Estate Planning
The key to avoiding bitter conflict among heirs, is to have candid discussions well before the reading of the will.
What Should I Look for in a Trustee? – Annapolis and Towson Estate Planning
Do not put off finalizing and signing your estate planning documents, just because you have reached an impasse on who to name as trustee.