Is Your Financial Support Plan in Place for Your Spouse?
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...
Four Steps to Creating a Will in Maryland
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...
For What Reasons Can Someone Challenge My Maryland Will?
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...
What to Know About Using a Revocable Trust in Maryland
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...
What Occurs When a Living Trust in Maryland Is Contested?
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...
What Are Fees That a Personal Representative Can Charge in a Maryland Estate?
As a beneficiary of a recently opened Maryland estate, there’s no doubt that you will have questions about the important role that a personal representative plays in closing out the estate and getting paid for his or her time. These fees are in addition to fees to...
Why You Need To Plan For The Possibility Of Alzheimer’s Before You’re Diagnosed With It
Talking about your long-term care wishes and your money can be difficult enough, but when these come up in the context of helping a family member who is suffering from memory loss, time is of the essence. The development of Alzheimer’s disease can have many...
How Hard Is It to Contest a Maryland Will?
As a person creating your estate planning documents, you have a vested interest in ensuring that there are limited chances for someone to challenge the validity of these documents in the future. It’s important to remember when working with a knowledgeable...