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.
As a state and federally funded program, Medicaid gets a lot of media attention. Equally deserving of attention, however, is an area of law devoted to Medicaid planning.
Young families or parents with young children in Maryland likely want to ensure that their children are well cared for in the event of their incapacitation or untimely death. Though the topic is likely not the most popular, it may be one of the most important for young families. Aside from a standard will, there are several things that parents can do to ensure the safety and security of their children and assets.
The scheduled estate tax reversion back to the $1 million exemption has caused many Maryland residents to consider their estate planning options sooner rather than later. Among those working to plan their estates before the end of the year have been landowners across the country with gas and oil interests. For these landowners, the process of estate planning may have implications beyond just drafting a trust in order to protect assets.