When we think of estate planning, especially when it comes to advance directives that dictate what end-of-life care we want and who we want to make health care decisions on our behalf, we may think that we will only need to consider it when we are elderly. However, a...
Plan For The Future With Confidence
Plan For The Future With Confidence
Maryland Estate Planning Law Blog
When should you gift money or a house to your children?
Creating an estate plan is vital for parents seeking a smooth distribution of their property to their children while also making sure those assets are passed according to their wishes. Many only think about where their property goes when they die. Fewer people...
Estate planning when a loved one has Alzheimer’s
When a loved one is diagnosed with Alzheimer’s disease, it can be very stressful and upsetting. It is important, though, to try to stay calm in such situations and address important issues such as estate planning before your loved one’s health declines further....
What is the health care agent’s role in an advance directive?
In Maryland and across the United States, the current health care situation is bringing to light the critical importance of estate planning. People of all ages frequently ignore how their assets can be impacted by failing to have an estate plan and, along with that,...
Business as Usual during Unusual Times
In the short time before the announcement of a worldwide health emergency, Kandace L. Scherr, ESQ., managing partner at Frank, Frank & Scherr, LLC, had already decided that it was time to modernize operations. As lockdowns and shutdowns spread throughout the...
Estate planning changes and when to make them
There are certain changes that estate planners may wish to make to their estate plan and certain times to make those changes that estate planners should be familiar with. As life changes, so should the estate planner’s estate plan. Knowing when to update an estate...
Guardianship of a disabled person
Independent living is a goal that many Maryland individuals strive for as they transition from childhood into adulthood. While it is possible for most individuals to do this, those who suffer from mental and emotional diseases and disorders may not be able to provide...
Strategies for protecting your assets from Medicaid
Americans are living longer, which means long-term health care impacts are an essential part of estate planning. Long-term health care can be expensive, especially when provided through a nursing home. The Maryland Health Care Commission estimates those costs can vary...
How special needs trusts protect families
One of the most identifiable estate planning documents for Maryland residents is a will. Wills are legal documents that provide instructions on how individuals want their money and assets distributed when they pass away. Because of their broad recognition and general...
Worried about your parents? Talk to them about estate planning
Have you lost sleep lately because you’re worried about your parents’ estate plan or lack thereof? If so, you’re not alone. A lot of people are anxious about what will happen to their parents and their parents’ estate when the time comes. These aren’t selfish...
