Have you been thinking about estate planning, but just haven’t done it yet? You’re not the only one. Reports show that this is what most Americans do—and only about a third of them have actually gotten a plan in place. If you pass away without an estate plan, it’s...
Estate planning
3 key steps to build your special needs plan
Families raising children with special needs face extraordinary challenges that extend far beyond daily care routines. The financial reality of managing ongoing medical treatments and specialized therapies can create a burden many households struggle to shoulder. As a...
The different types of guardians for adults in Maryland
When you notice your loved one struggling to manage daily tasks or finances due to a disability, it can be overwhelming and heart-wrenching. Deciding to have a guardian make decisions for them might feel like an extreme step. However, it may be one of the only ways to...
What should you consider when planning your end-of-life estate?
Estate planning is crucial in ensuring the fulfillment of your wishes and the care of your loved ones after you pass. While it may seem daunting, addressing these matters can provide peace of mind for you and your family. Below are key considerations for end-of-life...
How often should you revisit your estate plan?
Creating an estate plan is essential to securing your family's future. But many simply make one, file it away and then forget all about it. Remember, life brings constant changes—marriages, births, deaths, career shifts, new relationships and much more. Your estate...
When should you consider guardianship for your aging parents?
As your parents age, you might face tough decisions about their care and well-being. One of the most challenging choices is whether to pursue guardianship. This decision requires careful consideration. Signs that may indicate the need for guardianship When considering...
Should you consider a power of attorney in your estate plan?
Many people focus solely on wills and trusts when it comes to estate planning. However, a power of attorney (POA) is an equally crucial document that you should not overlook. This legal instrument can provide peace of mind and protection for you and your loved ones,...
Revocable vs. irrevocable trusts: Which one is right for you?
When planning your estate, you might encounter two types of trusts: revocable and irrevocable. But what is the difference, and how do you know which suits your needs? Understanding revocable trusts A revocable trust, also known as a living trust, offers flexibility...
How do you challenge a guardianship decision in Maryland?
A guardianship decision can significantly impact someone's life, and there may be situations where challenging it becomes necessary. In Maryland, guardianship aims to protect those who cannot care for themselves. However, when a guardianship decision seems wrong, the...
Can I still change my estate plan?
Planning for the future is something we all think about, even if it’s just in passing. Having an estate plan is one of those things that might seem overwhelming at first but incredibly important. Whether you’re just starting or have had one in place for years, you...