Estate planning consists of making preparations for distribution of a person's assets after he or she dies. Most people in Maryland look at assets as tangible physical items, such as houses, real estate or even cash money. However, people tend to overlook digital...
Life is full of the unexpected. However, this can also be true about death, especially when attempting to make plans for estate administration in Maryland or in any other state. Although it is impossible to tell the future, a good estate plan should consider as many...
There has been plenty of talk among financial professionals regarding the new changes to the federal estate tax and how it will affect those planning their estates. The new law has set the federal exemption for the estate tax at $5.25 million for individuals and $10.5...
Planning for retirement is important for people who want to ensure comfortable living during the final years of their lives. However, changes in estate administration laws can make planning for retirement more challenging in Maryland and elsewhere. The recent budget...
With so much attention being devoted to the debate over the federal estate tax, many people forget that some states also have their own estate tax laws. However, one state delegate in Maryland has not forgotten about her state's estate taxes. She is attempting to...
The health care power of attorney was one of the main topics discussed at events held in Maryland and all across the country recently in honor of National Healthcare Decisions Day. Every April 16th has been devoted to the importance of advance care planning. Of all...
Maryland residents can benefit greatly from a living will. As technology has evolved, the way a person creates a living will has changed as well. Final wishes are now not only being discussed with friends and family, but posted on social networks as well.A recent blog...
It is an unfortunate truth that the elderly are often targets of unscrupulous con artists. There are many elderly people in Maryland that have executed a power of attorney naming a person in their lives that they trust as their attorney-in-fact that will betray that...
There are many different types of paperwork that people complete when planning their estate. Putting all of the paperwork together can be a time consuming and difficult process. Once a last will and testament and other estate planning documents are in place, people...
Important paperwork is often most easily completed without time pressure or demands. An open ended schedule allows the person who is preparing it to carefully consider possible ramifications of their choices as they devise the document. A living will and related...
