An Estate Planning and Elder Law Practice
If you're a Maryland senior wondering whether you need to register your will with the state, you're asking the right question. It takes hard work to accumulate the assets and …
A will is a written document directing the disposition of a person’s assets after death. A will is one of the most important of all legal documents. It is the …
Paying for long-term care (LTC) can be challenging due to its high costs. Here are several ways to finance long-term care: 1. Medicaid Medicaid is the largest payer of long-term …
Choosing between home healthcare, assisted living, and nursing home care depends on the individual’s health needs, lifestyle preferences, budget, and the level of assistance required. Here’s a breakdown to help …
1. Home Health Care In Maryland, the average cost for non-medical in-home care is about $30 per hour, which translates to roughly $5,148 per month for a typical schedule of …
A Bypass Trust, also known as a Credit Shelter Trust or Family Trust, is a type of irrevocable trust that is commonly used in estate planning to minimize estate taxes …
An A/B Trust is an estate planning strategy commonly used by married couples to minimize estate taxes and ensure the financial security of the surviving spouse, while also preserving wealth …
A testamentary trust is a type of trust that is created through a person’s will and becomes effective only upon their death. Unlike living trusts, which are established and functional …
A will with a testamentary trust is an estate planning tool that creates a trust upon your death, as dictated by your will. You might use a testamentary trust in …
Estate planning is the process of organizing and managing a person’s assets and affairs to ensure that their wishes are carried out both during their lifetime and after their death. …