How Much Power Does an Executor Have?
November 3, 2020
There are continuing misconceptions regarding what powers are held by a personal representative and when he can exercise them.
Downs Law Firm, P.C.
Laurel Maryland Estate Planning Blog
Estate Planning for a Second Marriage
October 29, 2020
Second (or third or fourth) marriages often require careful balancing between the needs of the surviving spouse and the needs of the children from a previous marriage.
Can I Afford In-Home Elderly Care?
October 27, 2020
Amid headlines of COVID-19 infiltrating nursing homes and large senior care facilities, it’s understandable that many Americans would prefer to avoid assisted living environments as they grow older. However, the trend to age in place predates the pandemic. Remaining at home was the first choice for 76% of Americans age 50 and older, according to a 2018 AARP survey.
Can an Inheritance Lead to Trouble for Marriages?
October 22, 2020
Most states recognize inheritances as separate property, and many experts say keeping them separate is often the best approach.
Little Things Add Years to Your Life
October 20, 2020
Don’t waste your time regretting the years you spent without sufficient activity — getting moving at any age will prolong your life.
Keeping Seniors Safe in Coronavirus Pandemic
October 9, 2020
Forty-one percent of participants in a new survey said they don’t trust assisted living communities and nursing homes to keep older adults safe amid the coronavirus pandemic.
What Does Tenancy by the Entirety Mean?
October 9, 2020
Tenancy by the entirety, commonly abbreviated as TBE, is an ownership structure for real estate that’s used when the owners are a married couple. Under a TBE arrangement, each spouse owns an equal interest in the property, and the property will transfer seamlessly to the surviving spouse, in the event of one spouse’s death.
Do I Have to Accept an Inheritance?
October 2, 2020
No one has to accept inherited assets. Inherited assets can be disclaimed.
Searching for Lower Taxes? Check State Laws
October 1, 2020
Some states are great to live in, but not so great to die in.
What Needs to Happen after a Spouse Dies?
September 24, 2020
The list of things you need to do after someone dies can seem endless, especially during a time when you are also grieving.
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