If Maryland residents put off estate planning, they may take some comfort in knowing that they are among a large group of people who procrastinate when it comes to such a task. However, that comfort may not stretch far as the lack of an estate plan could have negative...
An irrevocable trust may help in Maryland long-term care planning
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jul 4, 2017 | Trusts
Having the means to obtain any needed care is often a goal for many older Maryland residents. Because it is common for elderly individuals to need some sort of nursing home stay at some point, planning ahead for such an event could help parties ensure that they and...
Estate plan mistakes can make probate administration more complex
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jun 27, 2017 | Estate Administration & Probate
Maryland residents can look to celebrities as examples when it comes to how they would like to carry out certain aspects of their lives. While this type of admiration and inspiration is not necessarily a negative idea, individuals may want to remember what they...
Are you prepared for possible setbacks in probate administration?
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jun 23, 2017 | Blog
When a family member discussed the idea of your becoming his or her estate executor, you may have felt honored by his or her trust in your abilities. After accepting the position, you may not have thought about the situation often but rather regarded it as a...
How can an estate plan help avoid probate?
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jun 21, 2017 | Wills
Starting to think about estate planning may seem intimidating to many Maryland residents. Because there are many aspects of life to consider as well as the variety of planning tools that could potentially be utilized, it is understandable that some parties may be...
Living will may benefit any Maryland resident
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jun 13, 2017 | Wills
Without having any close family, many Maryland residents may have felt a sense of freedom. They likely enjoyed the idea that they held no familial obligations and could handle their lives as they pleased. However, at some point, they may begin to wonder what will...
An estate plan may help Maryland business owners name successors
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jun 9, 2017 | Wills
Having a business can be a complex endeavor. However, the majority of successful Maryland business owners likely feel that their companies have allowed them to live the lives they desired and that the hard work necessary to achieve success is well worth the effort....
Does a trust need a see-through provision?
On Behalf of The Law Office of Morrison & McGrew, P.A. | May 29, 2017 | Trusts
For Maryland residents looking to complete their estate plans, finding the best tools for their needs is often a main goal. Utilizing a trust is a route that many individuals take, and this planning tool can offer many benefits. However, it is important that parties...
Lack of plan may complicate Maryland estate administration
On Behalf of The Law Office of Morrison & McGrew, P.A. | May 24, 2017 | Estate Administration & Probate
When individuals die without an estate plan, this issue can cause many complications for an estate. In some cases, there may not be any close surviving family to immediately take over the estate administration, and as a result, a court-appointed party may take on that...
New parent? You may have new needs for an estate plan
On Behalf of The Law Office of Morrison & McGrew, P.A. | May 22, 2017 | Blog
Having a child can bring a sense of joy to your life that no other event can. This new life may have you looking at the world and your life in a completely different way, and concerns you may not have had before may begin to feel important. Indeed, with your child's...
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