Choosing an executor is one of the most critical components of creating your estate plan in Maryland. The person you name as your executor is responsible for distributing your wealth after your passing and making key decisions. When selecting your executor, you should...
Maryland Estate Planning Law Blog
Can a nonfamily member fund a special needs trust?
Families of individuals with special needs naturally explore ways to protect their loved one’s physical, mental, emotional and financial well-being. A common tool they may consider are special needs trusts (SNT). While there is usually little to no question as to who...
What legal options can be alternatives to guardianship?
Managing personal and financial needs can be challenging because of incapacity, often caused by age and various medical conditions. Seniors usually face both, making guardianship a viable option to keep them safe and cared for. However, courts can only consider this...
4 essential documents you need for estate planning
Estate planning may not be a priority for everyone, but it is a legal process that allows you to control your asset distributions and wishes if you pass away or become incapacitated. No matter your age or financial status, having an estate plan can be wise. If you are...
Sustainable strategies for your loved one’s long-term care
We want to provide the best possible long-term care for our elderly loved ones. However, the cost of nursing homes and related care expenses usually cast doubts and worries among those who consider them. Nonetheless, while it is true that providing quality care for...
What to consider when appointing a guardian in Maryland
When setting up a guardianship, one of the most pivotal decisions is who to choose as the guardian. This role has significant obligations that can impact the ward's living situation, including their daily life, access to medical care and other living arrangements....
Three crucial considerations for aging in place in Maryland
It might keep you up at night, thinking about ways to ensure the best care for your elderly loved one. So, you might be concerned about the ways they can continue to live their life comfortably. While nursing homes and assisted living facilities provide valuable...
The pitfalls of skipping estate planning
Eventually, you along with most citizens of Maryland will have to take part in the estate planning process. While the process of ensuring that your assets go to the right heirs is in no way pleasant, it's something all responsible estate holders should complete. If...
Planning for long-term care
As people age, they are at a higher risk of cognitive decline and physical impairments that can prevent them from doing the daily activities they did before. Unfortunately, the possibility of a stroke or heart attack can also increase with age. Therefore, many...
Why use a corporate trustee for special needs trusts
A special needs trust often serves as a lifeline for individuals with disabilities or impairing health conditions, making it essential based on the circumstances. Parents who establish these trusts for their children may need to choose another person to be a trustee,...