Category: Asset Protection

Why Single People Need an Estate Plan

Although everyone should have a will and an estate plan, it is especially important for single people. In the event of an unexpected crisis, it is imperative to have your information available for someone you trust. Without an estate plan, you have no control over the distribution of your assets. Your assets will go through… Continued

An Overview of Life Estate Deeds in Maryland

If you own real estate in Maryland, it is important to consider and make informed decisions about these types of assets. A life estate deed can be a valuable tool to help you legally pass your real property assets to your heirs and avoid the probate process, while also preserving tax benefits.  This type of… Continued

Is Your Family Inheritance at Risk for Probate?

If a family member dies, it is important to have a will in place but a will may not protect the family’s inheritance from probate, taxes, or creditors such as Medicaid.  Here are some considerations for ensuring that your family will receive their fair share of assets and how to preserve their inheritance during the… Continued

Wills & Trusts for Blended Families

As Featured in I95 Business Magazine: Our families change over time. Children and grandchildren are born. People get married, divorced, and even remarry. During this time, perhaps you started your business, took over a family business, or married someone with a business? The point is that our family is an ever-changing dynamic, and today, blended… Continued

How to Protect Your Assets from Long Term Care Costs

Millions of Americans live in nursing homes, assisted living facilities, or have an in-home caregiver. In fact, according to the Institute on Aging, 1.3 million Americans live in nursing homes, with millions more utilizing assisted living or home care and, by 2030, 20 percent of the population will be 65 or older. The chances are… Continued