Articles

June 6, 2019
Fluid Estate Planning for Changes in Life Circumstances

Fluid Estate Planning for Changes in Life Circumstances

Your estate plan needs to change with life events. Divorce, marriage, and having children are some of the few things that truly can affect every aspect of your life.
September 26, 2019

The Last Step of Your Estate Planning

It does not matter how much forethought you put into distributing your assets, or how expensive it was to draft your will or trust if the people bound by these documents do not know what they contain, or potentially that they even exist.
September 21, 2019
Last Will & Testament

What is a Will & Why is It Important?

A Last Will and Testament (“will”) is always a written document, which among other things directs the disposition of your assets after death.
September 17, 2019

6 Events That Should Trigger an Estate Planning Update

Almost any major life event has estate planning implications, but some major changes should always cause your planning documents to be reviewed.
September 5, 2019
Estate Planning & Divorce

Estate Planning & Divorce

Not taking appropriate actions after divorce can lead to problems ranging from having the wrong person making your medical care decisions to them receiving the payout of an insurance policy.
August 10, 2019
What Happens If You Die Without a Will?

What Happens If You Die Without a Will?

A person who dies without leaving a valid Last Will & Testament (Will) is said to have died intestate. This can cause serious headaches with the administration of their estate. Wills contain several important pieces
August 1, 2019
Estate Planning in Towson, MD

Make Reviewing Your Estate Plan an Annual Event

Estate planning is all about five essential documents. Documents drafted 30, 20, or even 10 years ago may need updating. Major life events such as marriage, the birth of children, or starting a new business, all have serious estate planning considerations.
July 26, 2019
Estate Planning & Cryptocurrency

Estate Planning & Cryptocurrency

Put simply, a cryptocurrency is a digital form of money characterized by its decentralized control and use of distrusted ledger technology (a fancy term for a public financial transaction database).
July 21, 2019
Estate Planning - tips from Richard K. Abraham, Esquire

Questions to Ask An Attorney During Estate Planning

Planning your estate may not be the easiest or most pleasant task to think about, but due to it’s far-reaching potential consequences, it can be among the most important.
July 10, 2019
Potential Pitfall of Lending Parents Money

Potential Pitfall of Lending Parents Money

Most people want to help their parents as they age. However, and in addition to potential Medicaid penalties, there is a large risk many adult children do not consider when loaning their parents large sums for temporary financial support: the state may take the money instead of allowing them to be paid back.
July 7, 2019
Medicaid Spend Down

Medicaid Spend Down

Medicaid covers everything from standard medical care to nursing home or personal home care services. But to qualify, an applicant must meet the program’s strict technical, medical, and financial requirements.
July 1, 2019
What is Elder Law?

What is Elder Law?

This field of law secures proper care and future security for the growing elderly population. More importantly, it is an opportunity to embrace the idea of pre-crisis management and planning for the future.
June 18, 2019
Duties of an Executor

Duties of an Executor

Before distribution of assets, a Personal Representative (PR) has the responsibility to follow the terms of the Will (if one exists) or statues regarding intestacy to the greatest extent possible, undertake all necessary actions to manage the estate’s assets, and pay the proper debt as well as appropriate taxes.
June 16, 2019
Reasons to Create an Estate Plan Now

Reasons to Create an Estate Plan Now vs. Later

Have you ever said or overheard someone else say I do not need a Will, Power of Attorney or Advance Care Directive? By not engaging in estate planning you are allowing laws enacted by the legislature to make your decisions.
June 15, 2019
Legal Services in Towson, MD

What is Probate?

Probate is a legal process that takes place after someone dies and serves as the framework for distribution assets that pass into an estate.
June 10, 2019
MOLST: Medical Orders for Life-Sustaining Treatment

More about MOLST: Medical Orders for Life-Sustaining Treatment

What is a MOLST form? MOLST stands for Medical Orders for Life-Sustaining Treatment It is a document that consolidates existing orders related to Cardiopulmonary Resuscitation (CPR), Do Not Resuscitate (DNR) orders, and a patient’s wishes
May 27, 2019
Estate Planning Documents

You Can’t Rely on One Document to Do Everything

One of the most common estate planning mistakes involves relying solely on one document such as a Power of Attorney or Last Will & Testament.
May 20, 2019
Navigating the Medicaid Minefield

Navigating the Medicaid Minefield

What you don't know about Medicaid can cost you and your loved ones. Here are some common traps that can be avoided with planning and help of a knowledgeable elder law attorney.
May 15, 2019
Estate Planning Agent

What to Consider When Selecting Your Agent

The individual(s) you chose as your “Agent” in your estate planning documents has the important responsibility of protecting you. That protection is afforded to your financial affairs and health care decisions while you are alive.
May 1, 2019
Alzheimer’s Preparation

Alzheimer’s Preparation

The Alzheimer’s Association currently estimates about 11% of those over the age of 65 have Alzheimer’s and that number is expected to triple by 2050. Yet, many people have not given any thought to how they would care for themselves or a loved one when faced with this disease.
April 30, 2019
Aging at Home

Aging at Home

A 2015 AARP survey found nearly 90% of people age 65 plan or desire to live in and age in place at home as long as possible. But staying there is not always easy or feasible as we age.
April 21, 2019
Online Accounts

What to Do With Online Accounts After Death

In today’s ever-increasingly digital world, most people have online accounts for a variety of services. This can include accounts with financial institutions such as investment portfolios, savings accounts, social network profiles, and airline reward program
April 4, 2019
Debt After Death

Debt After Death

Some of the most frequently asked questions in the estate-planning field are about debt and what happens to it after you die.
March 28, 2019
Estate Planning Disasters

Failing to Plan for Unforeseen Events Can Lead to Disaster

Disasters cannot be predicted but, they occur in everyday life. The question you must ask yourself is, are your affairs in order should you experience a disastrous event?
March 27, 2019
Aging & Needing Assistance with Activities of Daily Living

Aging & Needing Assistance with Activities of Daily Living

As we age, we often need assistance with ADLs. Occasionally our care needs are so great that a family member becomes the primary caregiver.
March 23, 2019
Alzheimer’s Preparation

Warning Signs of Cognitive Decline

Cognitive Decline is something we consider when working with our clients in the matters of Elder Law, Estate Planning, Medical Assistance (Medicaid), Guardianship, Asset Preservation and Fiduciary Representation. Let us help you minimize your stress and be prepared to handle a changing situation.
March 22, 2019
Using Immediate Annuities to “Spend Down” for Medicaid

Using Immediate Annuities to “Spend Down” for Medicaid

To qualify for Medicaid, a Federal program wherein the government pays a portion if not all of an elderly patient’s long-term care costs, an applicant cannot own more than $2,500 in countable assets.
March 22, 2019
Common Medicare Scams

Common Medicare Scams

Despite the best efforts of the Centers for Medicare & Medicaid Services, recipients of both programs are frequently the targets of various identity theft schemes. Let's review some important tips to be aware of to protect seniors.
March 21, 2019
Understanding Contract Provisions as a Component of an Estate Plan

What is a Revocable Living Trust?

The majority of people use a will to provide instructions concerning the distribution of their property after death. But it is not the only estate planning tool available for such purposes. Some people opt to go in a different direction such as the drafting of a Revocable Living Trust (RLT).
February 24, 2019
Choosing a Beneficiary

Choosing a Beneficiary

Planning for a future after you die is never fun, but it is one of the best ways we can protect and help the ones we love. Selecting the correct beneficiaries of your estate is a task nobody relishes, but it is nonetheless important.
Contact