George Carlin’s v. Name Image and Likeness (NIL)

April 9, 2024

This is a new and evolving concern in Estate Planning. It turns out that your digital reach includes you.

How Do I Exit a Timeshare When the Owner Passes Away?

April 3, 2024

You may hear commercials for companies that say they can get you released from a timeshare purchase and lease agreements. If your parent passes away intestate (without a will) and owned a timeshare, you may not want it.

Understanding Medicaid Asset Protection Trusts

April 1, 2024

Medicaid Asset Protection Trusts (MAPTs) are a strategic way to qualify for Medicaid benefits and to preserve your assets. This blog explores how MAPTs work and their benefits.

The Twilight of Capacity for an Aging Parent?

March 28, 2024

The path from capacity to incompetence can be slow and difficult to analyze.

How Can A Teen’s $250,000 Inheritance Vanish?

March 26, 2024

Learn from a teen’s loss of a $250K inheritance and discover how inheritance trusts can protect and guide your family’s future financial decisions.

When Your Diagnosis Is Dementia…

March 18, 2024

I have been diagnosed with brain damage and dementia. Word to the younger folks: I woke up last year and suddenly could not spell or write legibly. No warning. No symptoms.

Update Your Estate Plan: Navigating Life’s Changes

March 13, 2024

Discover why updating your estate plan is crucial for securing your legacy. Don’t wait for a life event to make necessary changes.

Picking a Guardian for the Wee Ones

March 7, 2024

Start by thinking of family and friends who share your values and have a loving bond with your children. They should be people you trust to raise your little ones with the care, wisdom, and courage of a legendary hero.

Why Decline Inheriting an IRA?

March 5, 2024

If the strategy is executed properly, an individual can disclaim interest in an inherited IRA and avoid any of the gift and income tax consequences associated with receiving the property.

Medicaid Planning and Estate Planning?

February 29, 2024

Understanding the differences between Medicaid planning and estate planning is crucial for anyone looking to secure their financial future and ensure that their healthcare needs are met in their later years. While each serves distinct purposes, they are often interconnected, requiring careful coordination to achieve your overall planning objectives. Learn more about how you can protect your assets, ensure access to necessary care and leave a legacy for your loved ones.

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Laurel Maryland Estate Planning Blog