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,...
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...
Your parent's military service may entitle them to various benefits in Maryland. Understanding these advantages helps you ensure your parent receives the support they've earned. Learning how to access these services is key to maximizing their benefits. Available...
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...
If you are a parent or caregiver of someone with special needs, it’s common to have concerns about their care and quality of life in the future, especially when you’re not around. What if they needed urgent medical care and could not express their needs? Advance...
Medicaid typically serves as a safety net for vulnerable people, including elders, who may need care and medical attention for various health issues. However, like other programs, getting coverage can depend on multiple factors, including a person’s income....
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...
Many of us will face the journey of planning for long-term care, either for ourselves or for our loved ones. When we think about long-term care, physical health often takes center stage. However, mental health is just as important. In fact, according to the World...
Many people assume that Special Needs Trusts (SNTs) are only for parents to establish for their children. However, siblings, grandparents and even friends can also create an SNT to benefit their loved ones with special needs. An SNT is a specialized trust designed to...
Medicaid provides essential healthcare coverage for low-income individuals, including those needing long-term care. However, many Maryland residents find that their income or assets exceed the eligibility limits. If this applies to you, a Medicaid spend down strategy...
