When people are estate planning, it is helpful to be informed about details of the laws that protect one's finances. While there is a great deal of good general information available to the public in Maryland, the nuances that affect an individual's personal...
Month: February 2013
In Maryland, a power of attorney may be used for good or ill
On Behalf of The Law Office of Morrison & McGrew, P.A. | Feb 18, 2013 | Power Of Attorney
As family members age, they may not be aware of all of the changes in how people do business, and may not protect themselves as much as they can. To assist them, more active family members may want to have paperwork in place so that they can monitor the vulnerable...
Maryland residents may want to consider having a will
On Behalf of The Law Office of Morrison & McGrew, P.A. | Feb 15, 2013 | Wills
There are a handful of legal instruments that nearly everyone should consider utilizing. One of the most basic of these is a will. Many people of average income think that they do not need a will because they do not have enough money. Regardless of how much money...
Protecting heirs even after putting funds in a trust
On Behalf of The Law Office of Morrison & McGrew, P.A. | Feb 9, 2013 | Trusts
Many families took advantage of the new estate tax laws last year and put significant amounts of money into trust for their children or heirs. The trusts were created where the child or heir would not have to pay taxes on the sums because the taxes were paid up front....
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