Creating a will in Maryland goes a long way in protecting your loved ones and ensuring the distribution of your assets according to your wishes. Take the time to consider your options and ensure that the necessary steps are taken to make your will legally binding....
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Maryland Estate Planning Law Blog
Factors to consider when choosing a power of attorney in Maryland
Establishing a power of attorney is an essential element to consider when developing your estate plan in Maryland. This person or entity will have the ability to act on your behalf, particularly when it comes to matters of financial decision-making and health care....
How much Maryland income disqualifies you for SSI?
If you're in Maryland and planning to apply for Supplemental Security Income (SSI), or if you're currently on SSI, you should be aware that making over a certain threshold of money will disqualify you from SSI benefits. Depending on your income streams or salary...
Why Maryland parents should think about their estate plan
You already have plenty to think about as new parents in Maryland. One of the last things on your list of concerns might be your estate plan. But if you're not be thinking about what will happen to your child if one or both of you were to pass away, they may not be...
Trusts and Medicaid eligibility
Nothing is quite as stressful as the decision to place a loved one into a nursing facility. While dealing with their health issues is difficult enough, figuring out how to pay the astronomical cost of skilled nursing care in Maryland and around the country can make...
How you can benefit from a special needs trust
Special needs trusts are a popular financial planning strategy used in Maryland by those looking to assist someone in need without jeopardizing a person’s eligibility for programs that require recipients to have income or asset levels below a set limit. The trust will...
2023 federal estate and gift taxes
Estate planning could involve more than deciding what assets to leave beneficiaries. Maryland residents might wish to address some responsibilities associated with any tax implications following their passing. Understanding 2023 estate and gift tax rates could help a...
Special needs planning for families
Expenses can be high for families in Maryland that care for members with disabilities. Saving money works for most families, but many of them have to qualify and sign up for disability benefits. There are several solutions for people to care for children and adults...
When will Medicaid pay for nursing home care?
Medicaid can be a helpful solution for seniors in Maryland needing nursing home care. It is available to seniors with low income and few assets. Who is eligible for Medicaid in Maryland when needing a nursing home? For Medicaid to pay for nursing home care, a health...
Pro tips for parenting kids with disabilities
When you have a child with disabilities in Maryland, everything that you do as a parent requires additional time, energy and attention. This takes a toll emotionally and physically. Don't expect anything to be simple Everyday events like going to the grocery store and...
