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What Kinds of Questions Will an Estate Planning Attorney Ask During My Initial Meeting?

By |2020-02-25T17:30:10+00:00February 25th, 2020|Estate Plannning|

Sitting down with a Maryland estate planning lawyer causes many people to feel anxious. It is difficult to broach the subject of planning ahead for your own future or what will happen to your assets after you pass away. But every estate planner is simply helping you to articulate your plans for the future both

Understanding Advanced Healthcare Directives After a Cancer Diagnosis

By |2020-02-25T17:29:23+00:00February 11th, 2020|Advanced Healthcare Directives, Estate Plannning|

Realizing that you’ve just been diagnosed with a serious medical condition can be an overwhelming prospect. There are many things to think about when it comes to protecting yourself and your family during this challenging time. Don’t neglect the opportunity to create important documents that will help enable decision-making if you become unable to manage

Did You Fund Your Trust Properly?

By |2020-02-25T17:28:43+00:00January 28th, 2020|Estate Plannning, Trusts|

The establishment of a revocable living trust in Maryland is an important first step in protecting the interests of you your family and ensuring that your assets are as protected as possible. However, there is a common misunderstanding that creating a revocable living trust governs all of the assets an individual owns. After the Maryland

What Are Maryland Trustees Governed By?

By |2020-01-14T16:17:52+00:00January 14th, 2020|Estate Plannning, Trustee|

Trustees in Maryland have specific responsibilities and duties when it comes to the administration of a trust. The Maryland Trust Act became effective in 2015. This law contains important provisions in relation to the rights of creditors to attach trust property, determining validity of a trust, the role of a trustee, and the trustee’s responsibility

Is Your Financial Support Plan in Place for Your Spouse?

By |2020-01-14T16:16:59+00:00January 14th, 2020|Estate Plannning, Finances|

If you created a will that gifts some assets to your children or grandchildren but haven’t taken the time to determine what’s in the best interest for you and your spouse in retirement, you’re not done planning. The loss of a spouse can be a devastating and overwhelming experience for you or your spouse. If

Four Steps to Creating a Will in Maryland

By |2019-12-19T18:21:25+00:00December 19th, 2019|Estate Plannning, Personal Representative, Wills|

Many people are under the impression that a will is unnecessary, particularly if they assume that they do not have valuable or enough assets. The truth is that everyone needs a will, and creating one now makes things easier for your beneficiaries. Creating a will in Maryland is best accomplished by sitting down with an

For What Reasons Can Someone Challenge My Maryland Will?

By |2019-12-03T17:19:29+00:00December 3rd, 2019|Estate Plannning, Wills|

The Orphan's Court in Maryland reviews wills to determine whether or not they are in compliance with state laws. A will is legally valid when it meets all the terms and requirements of Maryland law. In the event that this analysis finds that the will was properly executed, the will's terms will be carried out

How Does Asset Protection Planning Fit into My Maryland Estate?

By |2019-12-02T14:05:45+00:00November 19th, 2019|Asset Protection, Estate Plannning, Finances|

Within the context of your overall estate plan, asset protection is an additional service that you can benefit from when partnering with the right lawyer. These are legal strategies and techniques used to shelter your personal financial assets from possible creditors. These should always be used in conjunction with more traditional estate planning techniques, such

What to Know About Using a Revocable Trust in Maryland

By |2019-12-02T14:07:13+00:00November 5th, 2019|Estate Plannning, Revocable Living Trust|

Whether or not a revocable living trust is the right tool for you depends on your desires, needs, goals, exposure to estate tax and liabilities and capabilities. One of the most common misconceptions around using a living trust in Maryland is that creating a revocable living trust automatically governs all of an individual's assets. In

What Occurs When a Living Trust in Maryland Is Contested?

By |2019-12-02T14:07:38+00:00October 10th, 2019|Estate Plannning, Living Trust|

Establishing a living trust in Maryland is a task undertaken by people who intend to transfer ownership of their assets and properties such that this can be more effectively distributed to beneficiaries or heirs after they passed away. Can Revocable Trusts Be Contested in Maryland? A revocable living trust, also known as a living trust,