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
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....
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...
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...
Don’t wait for a crisis to do estate planning
People often ignore the need for estate planning until something happens that makes it very clear how important it is. For instance, maybe they have been thinking about it for five years, but they’ve never done anything. Then they have a heart attack. They survive...
2 questions to ask when estate planning for college students
Graduating high school is an exciting occasion for many students. However, between celebrating their high school accomplishments and preparing for new experiences in higher education, college students should consider starting their estate plan. Most college students...
How to reduce estate taxes and preserve the family estate
Many people do not fully understand the importance of having an estate plan. These end-of-life legal documents collect a person’s property and assets, life insurance information, retirement plans, investment portfolios, and their will. A comprehensive estate plan...
