Category: Estate Planning

Getting Engaged or Married? Estate Planning for New Couples

Getting engaged or married is a time of great excitement and joy, but it is also a time when couples need to start thinking about their future together. One of the most important things that they should consider is estate planning for new couples. Estate planning involves making arrangements for the distribution of assets in… Continued

Five Benefits of a Life Estate Deed in Maryland

In estate planning, there are various tools available to individuals seeking to protect their assets and ensure a smooth transfer of property to their beneficiaries. One such tool is a life estate deed, which grants a person the right to live in and use a property for the remainder of their life, with ownership transferring… Continued

A Comprehensive Guide to Wills, Trusts, and Probate

Every person, no matter your age, should have a will or trust to ensure that your assets and property are handed down as you see fit. Without a will or a trust, the state of Maryland may end up distributing your assets according to the law versus according to your wishes. Many people believe their… Continued

Top 10 Questions About Wills & Trusts in Maryland

Preparing a will or trust can be an important step in ensuring that your assets are distributed according to your wishes after you pass away. However, many people have questions about the process, which can lead to confusion and uncertainty. In this article, we will discuss the top 10 questions about wills and trusts and… Continued

Estate Planning for New Parents

When you are expecting a baby, it is an exciting time filled with anticipation, joy, and planning for the future. However, one thing that many new parents or parents-to-be often overlook is the importance of a will or estate planning before you bring that precious baby into the world.  After all, you want to ensure… Continued

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

Why Parents of College Students Need Powers of Attorney

If you are preparing to send your child off to college, you may have a flurry of preparations. From dorm room essentials to class schedules, the checklist can seem endless. However, there’s one crucial item that parents often overlook amidst the excitement and flurry: will you be able to make important decisions for your college… Continued

Understanding the Differences Between a Will and a Trust

In matters of estate planning, two crucial tools often come to the forefront: the will and the trust. While both serve the purpose of ensuring your assets are distributed according to your wishes after your passing, they differ significantly as legal instruments and in their mechanisms, benefits, and limitations. To make informed decisions about your… Continued

Life Care Planning and Special Needs

When considering how best to plan for someone with special needs and/or disabilities, it might be helpful to approach this task as a life care plan.  A life care plan is an ever-evolving assessment of financial security and supportive services, so that the person with special needs is able to live a life of meaning… Continued

Signs That Your Parent Needs a Guardianship

As your parents get older, you may realize that they are more forgetful.  This can manifest itself in subtle ways at first, such as forgetting to close the garage door, repeating stories, or not knowing what day of the week it is.  These memory lapses may intensify over the years, and what begins as “senior… Continued