Some Maryland parents may have children with disabilities. Though these parents undoubtedly love their children immensely, this love may also lead to serious concerns about how their children will be cared for after their parents' passing. Luckily, individuals...
Trusts
Revocable living trust info may interest Maryland residents
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jul 13, 2016 | Trusts
Concerns for privacy, accuracy and personal decision may cause many Maryland residents to consider what estate planning options may be best for them. Though a will is a helpful planning tool, that document becomes part of the public record, which does not help when...
Providing For A Child With Special Needs
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jun 17, 2016 | Trusts
All parents want to protect and provide for their children. When a child has special needs, however, a parent's concerns about a child's wellbeing and security are often more urgent and all-encompassing.If you are the parent of a child who has been diagnosed with...
A Maryland estate plan could benefit from inclusion of a trust
On Behalf of The Law Office of Morrison & McGrew, P.A. | Apr 21, 2016 | Trusts
Exploring the option of creating a trust as part of an estate plan may be a wise step for Maryland residents. There are multiple benefits that could come along with creating a trust, and individuals may find that they feel more secure in knowing where their assets are...
Supplemental needs trust may be useful to Maryland parents
On Behalf of The Law Office of Morrison & McGrew, P.A. | Apr 7, 2016 | Trusts
When exploring the various estate planning options, Maryland parents who have special-needs children may have particular concerns. Luckily, there are avenues these parents may utilize to help them ensure that their children continue to receive the proper care while...
Maryland residents may be interested in being trust settlors
On Behalf of The Law Office of Morrison & McGrew, P.A. | Mar 17, 2016 | Trusts
Many individuals may feel intimidated by legal processes due to the sometimes complicated and confusing language. As a result, some Maryland residents may avoid estate planning because they are uncertain where to start or what steps to take. In order to get started...
Trust offers multiple benefits as part of Maryland estate plan
On Behalf of The Law Office of Morrison & McGrew, P.A. | Feb 11, 2016 | Trusts
Many Maryland residents prefer not to talk about topics related to death, which is why estate planning is often not a popular task. However, common sense dictates that one's assets be protected in the event of one's death in the future. A trust is one item that many...
A trust can help with controlling management of assets
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jan 14, 2016 | Trusts
Estate planning is typically not high on people's lists of favorite things to do. However, creating a will or setting up a trust is important in order to protect a Maryland resident's assets following death. Trusts, in particular, are legal documents that control the...
Special needs trust helps those with disabled adult children
On Behalf of The Law Office of Morrison & McGrew, P.A. | Dec 3, 2015 | Trusts
Trusts are legal documents designed to control the transfer and management of one's assets. When a person has a trust, a trustee is appointed to hold investments, real estate or other property for the benefit of one person or multiple people. A wide range of trusts...
A trust has multiple uses as a a part of an estate plan
On Behalf of The Law Office of Morrison & McGrew, P.A. | Oct 23, 2015 | Trusts
Estate planning is critical for ensuring that one's assets will end up in the right hands after one dies. A trust is one tool commonly used as part of a comprehensive estate plan. The following few tips may help people to take full advantage of a trust in...
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