There are many options available to those seeking financial planning advice. There are national brokers and banks, small, local brokerages, credit unions and even web-based robot advisors that base advice on algorithms. Faced with so many options, a...
An estate plan should be on every Maryland resident’s to-do list
On Behalf of The Law Office of Morrison & McGrew, P.A. | Mar 9, 2015 | Wills
Estate planning is essential for ensuring that money and property owned by a person at the time of his or her death are distributed according to his or her wishes. Maryland estate plans are important for many reasons, including the peace of mind of the...
A Maryland power of attorney agent has important responsibilities
On Behalf of The Law Office of Morrison & McGrew, P.A. | Mar 3, 2015 | Power Of Attorney
Estate planning is important for everyone. An important legal document for an estate plan is a power of attorney, which is fairly easy to put in place. The Maryland resident who puts the power of attorney in place is called the principal, and the person who is...
A Maryland special needs trust can help to ease worries
On Behalf of The Law Office of Morrison & McGrew, P.A. | Feb 24, 2015 | Trusts
A parent's concern for his or her child's future is somewhat different when that child is disabled in some way. These parents have to not only consider how to best leave their children their inheritances but also how the inheritances will be handled on behalf of their...
Living will for Maryland teens makes wishes known to loved ones
On Behalf of The Law Office of Morrison & McGrew, P.A. | Feb 19, 2015 | Wills
Young adults spend a lot of time thinking about the future. However, they don't think about a living will. Maryland 18-year-olds should consider putting a plan in place in case of a serious injury or illness.A case in point is the one involving Terri Schiavo who...
President’s proposal would change estate administration rules
On Behalf of The Law Office of Morrison & McGrew, P.A. | Feb 10, 2015 | Estate Administration & Probate
When the President of the United States makes a speech, many people tend to listen. Many of those in Maryland interested in planning for estate administration may have paid closer attention to his recent State of the Union Address. The President's proposed plan may...
Roth IRA may or may not be best option in estate administration
On Behalf of The Law Office of Morrison & McGrew, P.A. | Feb 4, 2015 | Estate Administration & Probate
There are many types of estate planning tools available for consumers. However, the best options for estate administration plans depend upon a Maryland resident's individual circumstances. These types of considerations can be essential in attempting to decide whether...
Estate plan good idea in case of dementia
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jan 28, 2015 | Wills
Medical articles abound that feature data discussing the known issues and available research with regard to the often devastating cognitive issue known as "dementia." Many of these articles include a list of warning signs, such as inability to remember previous...
Power of attorney comes with legal duties in Maryland
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jan 14, 2015 | Power Of Attorney
Most people do not live in complete isolation and have many connections to family and loved ones. This is why it is important to make sure to protect one's assets, which can eventually be passed down to surviving family members, loved ones and friends in the case of...
Estate administration plans may need re-examining for 2015
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jan 5, 2015 | Estate Administration & Probate
With the beginning of the new year, many people will be looking to make important changes to their lives. One of the most common goals for the new year will be to update one's estate administration plans in Maryland and elsewhere. It may be a good idea to do it this...
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