How to choose your financial agent and your healthcare agent.

Who should be your financial agent and healthcare agent(s)? Maryland Guardianship statutes are the state’s default plan to appoint someone to make decisions for you if you can’t make them for yourself. This default plan, however, may not be the plan you would have chosen. Most importantly, Maryland statutes may give priority guardianship appointment to […]

Digital Assets: Why They Need to Be Part of Your Estate Plan

These four steps will help ensure your digital accounts and subscriptions aren’t lost when you die. What’s will happen to your Facebook account or the songs you’ve downloaded from iTunes when you die? As digital assets become more common for us all, it’s important to incorporate them into estate plans. Unfortunately, that’s not always easy to […]

Right of Occupancy Trust Safeguards Your Residence or Other Property for Loved Ones

Estate planning is designed to protect you and your loved ones. Sometimes offering such “post mortem protection” for a dependent loved one can be challenging. While you may want to give substantial benefit to a dependent loved one, you may also want to provide for other independent loved ones and heirs.  A Right of Occupancy […]

How Should You Hold Title to Real Estate?

Your home is probably the most valuable asset you own. Yet most people do not think about how to hold title until the title company poses the question when you buy or refinance. But how you hold title to real estate deserves careful consideration because it has far-reaching effects. Let’s look at some common ways […]

Why Unmarried Partners Should Care About Estate Planning

According to a 2019 survey conducted by the Pew Research Center, 7 percent of surveyed adults were living with an unmarried partner, up from 3 percent in 1995.[1] More people such as yourself are entering long-term committed relationships without getting married. Unfortunately, many state and federal laws do not protect unmarried couples as they do […]

Single? Estate Planning is Still Essential

These days, more people are living single than ever before. In 1970, about one-third of Americans 15 and older were single, according to U.S. census data. In 2020, that number is closer to 50 percent. Whether never married, divorced, or widowed, single people need to pay just as much attention to their estate planning as […]

Estate Planning for Pet Parents

A Trust for Fluffy or Fido? Why Every Pet Parent Needs to Consider a Pet Trust Today Estate planning is about protecting what’s important to you. Although much of the traditional estate planning conversation focus on surviving spouses, children, grandchildren, many pet parents wonder about what could happen to their “furry children” after their death […]

Estate Planning for Snowbirds

Considerations Before Heading South for the Winter   For many snowbirds, cooler weather means it is time to head south. If you are thinking about heading for warmer weather this winter, there are a few things you should consider before hitting the road.   Which state do you consider your home? Your state of domicile […]

Estate Planning for Military Families

No matter the time of year, it is always a good opportunity for members of the military and their loved ones to consider setting up — or revising an existing —estate plan. Military families need to consider special estate-planning issues that others do not. This is particularly true when one or more family members are […]

When Is the Best Time to Plan Your Estate?

Most people start thinking about planning their estates when they reach retirement age. After all, the “normal” progression of life is to graduate school, get a job, get married, have children, help your children graduate school, retire, become grandparents, and enjoy life. Then, after a long and fulfilling life, you will eventually pass on. But […]