Sep 12, 2023 | Estate Planning
We typically advise our clients to set two separate sets of deadlines to mark their calendar with. The first is a once-a-year personal review of the decisions that they made (decision-makers, beneficiaries, etc.) to account for any changes in life circumstances that...
Aug 29, 2023 | Estate Planning, Probate
One of the most common misconceptions we hear from potential clients is that a Last Will and Testament will avoid the Probate process. It will not! Setting up a Will can have several important benefits. For instance, when you die, it will be known who will be in...
Aug 15, 2023 | Estate Planning, Probate
When we discuss the benefits of Revocable Living Trusts with our potential clients, some of them respond that they own everything jointly with their spouse, so there is no urgency. They assume it will only be useful once the first of them goes, and want to wait until...
Aug 1, 2023 | Estate Planning
No! Once the Trust is established, you must be sure it is properly funded to ensure that you do not subject your loved ones to Probate. Sometimes, our clients express hesitation about creating the Trust based on their circumstances. For example, some of our clients...
Jul 21, 2023 | Estate Planning
“Hello! We would like to create a Special Needs Trust for our granddaughter who has Autism. Is this something you could help us create?” We receive this question often. Attorney Clark recently gave a presentation at the Maryland School for the Deaf on this exact...
Jul 18, 2023 | Estate Planning
𝐓𝐡𝐢𝐬 𝐢𝐬 𝐚 𝐜𝐨𝐦𝐦𝐨𝐧 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧 𝐰𝐞 𝐠𝐞𝐭. 𝐖𝐡𝐢𝐥𝐞 𝐦𝐨𝐬𝐭 𝐩𝐞𝐨𝐩𝐥𝐞 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐭𝐡𝐞𝐲 𝐧𝐞𝐞𝐝 𝐚 𝐖𝐢𝐥𝐥, 𝐭𝐡𝐞𝐲 𝐚𝐫𝐞 𝐮𝐧𝐟𝐚𝐦𝐢𝐥𝐢𝐚𝐫 𝐰𝐢𝐭𝐡 𝐑𝐞𝐯𝐨𝐜𝐚𝐛𝐥𝐞 𝐓𝐫𝐮𝐬𝐭𝐬. 𝐇𝐨𝐰𝐞𝐯𝐞𝐫, 𝐟𝐨𝐫 𝐦𝐚𝐧𝐲 𝐩𝐞𝐨𝐩𝐥𝐞, 𝐭𝐡𝐢𝐬 𝐢𝐬 𝐭𝐡𝐞 𝐛𝐞𝐬𝐭 𝐨𝐩𝐭𝐢𝐨𝐧 𝐭𝐨 𝐡𝐞𝐥𝐩 𝐭𝐡𝐞𝐦 𝐦𝐚𝐧𝐚𝐠𝐞 𝐭𝐡𝐞𝐢𝐫 𝐚𝐟𝐟𝐚𝐢𝐫𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐩𝐞𝐚𝐜𝐞 𝐨𝐟 𝐦𝐢𝐧𝐝 𝐟𝐨𝐫 𝐭𝐡𝐞𝐦𝐬𝐞𝐥𝐯𝐞𝐬 𝐚𝐧𝐝 𝐭𝐡𝐞𝐢𝐫 𝐥𝐨𝐯𝐞𝐝...
