Estate Planning

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Estate planning documents are essential if you wish to protect your assets & loved ones. It includes Advance Healthcare Directives, Power of Attorney, Maryland Medical Orders for Life-Sustaining Treatment (MOLST), Trusts, Last Will & Testament, and Special Needs Planning.

April 16, 2020
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.
March 14, 2020
Having the Talk: Share Your Estate Plan with Your Family

Having the Talk: Share Your Estate Plan With Your Family

Because “the talk” involves not one but two things we’re often uncomfortable discussing – money and death – many of us put it off or never have it at all, and that’s a mistake.  Making your expectations clear can help your heirs to avert a good deal of discord, or even litigation, after you’re gone.
February 10, 2020
Estate Planning and Your Minor Children

Estate Planning for Your Minor Children

Failing to name guardians for your children in your will can lead to custody issues that could easily have been avoided by simply taking the time to decide who you want to take care of your minor children in the event of your death.
February 7, 2020
Estate Planning for Your Elderly Parents

Estate Planning for Your Elderly Parents

A well-planned estate will ensure that your parent’s wishes are carried out as well as making sure that they receive the best care possible without putting a financial strain on them or other family members.
February 1, 2020
Estate Planning Essentials for the Self-Employed

Estate Planning Essentials for the Self-Employed

Estate planning can be quite complicated when you own a business – there are business assets, business accounts, and the ever-looming threat of bankruptcy.
January 25, 2020
Special and Supplemental Needs Trusts

Estate Planning for Disabled Children

When parents have a son or daughter with a disability, it is especially important to develop an estate plan that provides for their child’s future best interests.
January 20, 2020
Estate Planning Essentials for Women

Estate Planning Essentials for Women

Most of us don’t look forward to dealing with estate planning, regardless of our gender. But estate planning is even more important for most women since, in many cases, they live longer.
January 15, 2020
Probate

Save Your Estate for Your Heirs: Avoid These Probate Issues

Almost every estate must go through probate. It is potentially a very complicated legal process, and an attorney should be involved in any estate planning activities.
December 12, 2019
Power of Attorney

Frequently Asked Questions about Power of Attorney

If you are considering getting a power of attorney, you should fully understand the process, what it entails, and what it means.
December 10, 2019
Estate Planning: When & Where To Start

Estate Planning: When & Where To Start

The best way to begin is simply by thinking about what you want to happen when you’re gone. Nobody likes to think about their own death, but it is an eventuality and needs to be planned for.
December 7, 2019
Estate Planning Mistakes

Common Mistakes of Estate Planning

Like many people, you may be avoiding estate planning. However, it's necessary so that you can avoid confusion & prevent a potential great burden for your loved ones.
December 5, 2019
Probate Attorney in Towson, MD

Should I Hire an Attorney to Probate an Estate?

You are named as Personal Representative (PR) in a person's Last Will & Testament, and now they have unfortunately died. Now what?
November 24, 2019
12 Simple Steps to Creating an Estate Plan

12 Simple Steps to Creating an Estate Plan

There are many decisions to be made and complex tax laws to consider as you’re making a plan for your estate.
November 20, 2019
Power of Attorney

Five Steps in Preparing a Power of Attorney

Preparing power-of-attorney documents is not as complex as it seems. Listed here are seven easy steps to help you come up with a proper power-of-attorney document.
November 2, 2019
Advance Healthcare Directives (AHCD) & Your Options

Advance Healthcare Directives (AHCD) & Your Options

Issues that surround terminal illness, incapacitation, and death are not easy to talk about. But it is often a lot easier for the immediate family if their loved one had drawn up an advance healthcare directive.
October 30, 2019
Estate Planning for Families

Estate Planning: First Steps

A certain level of preparation will make drafting an effective estate plan that best reflects your wishes not only possible but a whole lot easier.
October 16, 2019
Power of Attorney

How Much Power of Attorney Should You Give to Your Attorney-in-Fact?

Your attorney-in-fact will be in charge of certain aspects of your life if you become mentally incapacitated. It is crucial to appoint someone who is worthy of your trust.
October 15, 2019
Estate Planning Documents

What is a Trust?

A trust is a written document that creates a relationship between persons. The grantor or settlor is the person who creates the trust. The terms of the trust are set forth in the document.
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 its 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.
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 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
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.
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