After a death, heirs and beneficiaries are left with the task of resolving any remaining issues associated with the estate. This includes paying remaining debts, distributing assets according to the terms of the will and more. Settling a Maryland estate can be a...
Estate Planning
Would your estate plan benefit from a special needs trust?
Creating an estate plan will provide many benefits for you and your Maryland family. With a carefully crafted strategy protecting your interests, you can look to the future with confidence and peace of mind. To get to this point, however, it is essential you implement...
An estate plan to benefit multiple generations
One of the most important reasons to start the process of long-term legal and financial planning is the care and support of loved ones. A carefully crafted estate plan can provide benefits for family members well into the future, and it allows one to decide what...
What’s the difference between having an estate plan and a will?
Planning for the future is different for each adult. Everyone will have different goals and plans for the use of their wealth long-term, as well as their personal medical preferences. There are some Maryland adults who believe that having a will is all they need for...
Make sure current estate plans are up to date
Every Maryland adult can benefit from having both financial and legal plans in place for the future. While an estate plan does provide a certain amount of protection and peace of mind, it may not be effective without regular updates and adjustments. Over time, life...
Estate planning is for more than just physical assets
When one considers what is necessary to plan for the future, he or she may think about what will happen with health care decisions, assets and money. In reality, estate planning should include considerations that go beyond physical assets. Most people will also...
3 estate planning considerations for business owners
Estate planning can be complicated for anyone. For business owners, this process can seem even more daunting. In addition to likely having more diversified income and assets, business owners have to deal with the complications of transferring their ownership...
The estate planning needs of LGBTQ+ families
Every family will benefit from having certain types of legal and financial plans in place. Estate planning with potential future needs in mind can prevent complications in case of an emergency situation, something that may be especially important for certain types of...
Which estate planning tools are best for your future interests?
Any plans one makes for the future should be custom tailored to the Maryland adult’s needs and objectives. When estate planning, it is crucial to develop plans that will allow one to meet specific desires, such as caring for a special needs loved one, charitable...
Long-term planning is an immediate need
When Maryland adults consider their long-term needs, they may think about planning for retirement or saving enough money to reach certain dreams. While it may not seem like a pressing need in the moment, long-term planning and creating an estate plan should be part of...
