Aug 21, 2023 | Estate Planning
When it comes to Estate Planning, Trusts are excellent tools that you can use to protect your assets. Revocable and Irrevocable Trusts serve distinct purposes, and it is important to understand the differences between them.ย Revocable Trusts allow you to retain...
Aug 15, 2023 | Estate Planning, Probate
When we discuss the benefits of Revocable Living Trusts with our potential clients, some tell us that they own everything jointly with their spouse, so there is no urgency. They assume a Trust will be useful only once one spouse passes away, so they want to wait to...
Aug 8, 2023 | Estate Planning
A well-crafted Estate Plan gives you a great deal of control over what happens to you, your money, and your possessions once you have passed away. However, there are several things you will want to leave out of your official documents, in order to maintain flexibility...
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 28, 2023 | Estate Planning
Our first response to this question is by asking our Clients a different question: Do you ever drive in the same car as your loved ones?ย If this is your current situation, you have certainly put yourself in a better position than most people.ย As we tell our clients,...
Jul 21, 2023 | Estate Planning
โHello! We would like to create a Special Needs Trust for our granddaughter who has Autism. Is this something you could help us create?โ We receive this question often.ย Attorney Clark recently gave a presentation at the Maryland School for the Deaf on this exact...