Giving Now Can Make Sense
October 29, 2019
Sometimes it can be wise (or just pleasurable) to give your assets away, while you’re still alive.
Downs Law Firm, P.C.
Laurel Maryland Estate Planning Blog
Seniors on Smartphones
October 28, 2019
Increasingly, families will encounter similar concerns as older adults become reliant on computers, cellphones, and tablets: With cognitive impairment, these devices become difficult to use, and, in some cases, problematic.
Little-Known Causes of Insomnia in Seniors
October 23, 2019
Researchers have discovered in recent years that sleep deprivation can lead to cognitive decline, diabetes, obesity, depression, and other problems.
Warnings About Dementia Supplement Scams
October 22, 2019
The vast majority of the “fountain of youth” products that make bold claims about warding off dementia are at best placebos and rip-offs.
How Will New Legislation Update SSI?
October 21, 2019
Lawmakers in the U.S. House of Representatives are looking to significantly increase that ceiling, with a bill introduced this month that would raise SSI’s asset limit to $10,000 for an individual and $20,000 for couples.
Can You Make a Temporary Change to a Will?
October 8, 2019
I admit that this question stumped me. It was not so much because of what you are asking, but rather why you are asking it in the first place. I’ve tried to come up with a scenario why someone would want to change their will temporarily, but I have come up blank.
Ignoring Beneficiary Designations Is a Risky Business
October 7, 2019
We are programmed to contribute the “max” to our retirement accounts, but we disregard, or do not understand, the pitfalls of improperly filled-out beneficiary forms.
Do It Yourself Estate Planning Can Lead to Bad Outcomes
October 6, 2019
Thanks to the Internet, everyone has the ability to draft wills, trusts, and a variety of other legal documents. Many documents can be produced for less than $100, requiring only a few mouse clicks and filled-in blanks.
New Parent Estate Planning
October 3, 2019
There’s a lot of prep work to complete when you’re expecting a new baby. Expectant parents have a nursery to paint, strollers to buy, doctor’s appointments to attend, and nannies to hire.
So, You Need to Serve in Power of Attorney – Now What?
October 1, 2019
I have appointed my oldest son as agent using a durable power of attorney form I got on the Internet. I want to be sure he understands his responsibilities if he has to manage my money and pay my bills when I become ill.
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