How Can You Protect Assets Inside A Trust from A Spendthrift?

By |2020-06-16T17:46:26+00:00June 16th, 2020|Assets, Trusts|

Do you have an adult child you’d like to transfer assets to, but you’re concerned about their ability to handle it properly? You’re not alone. This problem is often referred to as “the spendthrift issue” and thankfully, there are estate planning tools available to help you protect a loved one from themselves. Unfortunately, your best

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

Reasons to Use A Trust Instead of or in Addition to a Will

By |2019-12-02T14:16:55+00:00April 23rd, 2019|Estate Plannning, Trusts|

Planning ahead for your own mortality can be scary, because not only do you have to think about your own death but also you will need to articulate these thoughts into a legal document. However, estate planning is an important step in being able to protect your inheritance and your intentions. There are important differences

Can a Trust Really Be Used to Protect Your Spouse?

By |2019-12-02T14:17:19+00:00April 9th, 2019|Estate Plannning, Trusts|

All families have to deal with the complications of life and unexpected challenges can how much effort you put into your planning. But by working directly with an estate planning lawyer to ensure that your documents are properly drafted, then there is no need for additional complications, confusion or frustration such as those that occur

Three Reasons 2019 is the Year for You to Put Together a Trust

By |2019-12-02T14:17:47+00:00March 26th, 2019|Trusts|

If you didn't already know that trusts help to provide you with additional privacy in the estate planning process, an estate planning attorney could tell you that these are some of the most valuable strategies available today. Two major reasons for putting together a trust in 2019 have to do with the the goal of

Why Is A Trust A Better Option Than Probate?

By |2020-06-02T21:44:31+00:00February 28th, 2019|Estate Plannning, Trusts|

Trusts are powerful estate planning tools, although they are often overlooked by many people due to the perception that trusts are only for the rich. However, trust can be a meaningful option for everyone, specifically because they are a better option than probate.  Having your loved ones go through Maryland probate is rarely in their

Have You Planned for Incapacitation?

By |2019-12-02T14:19:08+00:00February 14th, 2019|Estate Plannning, Trusts|

Estate planning means thinking about more than what happens to your property after you pass away. It also includes preparing for incapacity because there are many different issues that need to be addressed if you are unable to make decisions on your own. If you experience an incapacitating event, another person might have to step