ABLE Account for a Special Needs Beneficiary?
If you have a child or grandchild with disabilities, one of your biggest worries is what will happen when you are no longer around to provide aid.
Call us Anytime
Laurel, MD 20707
Downs Law Firm, P.C.
Home • Blog
If you have a child or grandchild with disabilities, one of your biggest worries is what will happen when you are no longer around to provide aid.
The recent decision by former President Jimmy Carter to transition to hospice brings much-needed attention to this crucial part of healthcare.
A stroke can cause disability or death. Prompt intervention can help improve the outcome after a stroke, so it’s important to recognize a stroke right away and get immediate medical attention.
Although there is considerable legal information and misinformation, it is generally understood that a last will and testament is the device used to distribute property after death. However, the why, how and when are less familiar.
The idea of Medicaid Asset Protection Trust for the purposes of protecting against long-term care costs is becoming both more sought-after and more necessary.
A badly in debt woman dies leaving the proceeds of substantial insurance policies to her children only to have her trust contested by relatives who claim an amendment naming the children as beneficiaries is invalid with no witnesses, misspelled names, suspicious signatures and was never given to previous trustees for review as required by agreement. A long, expensive, and protracted legal battle likely is brewing.
These signs might point to cognitive decline nearly a decade before a formal diagnosis.
A not uncommon estate planning scenario is an elderly parent who lives with an adult child, either at the parent(s)’s home or at the child’s home.
While thinking about legacy planning can be unpleasant because it involves discussions about incapacity or mortality, it’s an important aspect of good financial planning that shouldn’t be ignored.