Downs Law Firm, P.C.
The concept of financial scams isn’t a new one. Unfortunately, seniors tend to be particularly prone to them in general. Introduce a pandemic, and you have the makings for financial ruin among our country’s most vulnerable.
The world exists just as much online as it does offline. Failing to recognize that when planning for the end of life can lead to unexpected repercussions for survivors.
Most consumers are familiar with the beneficiary designation form they complete when opening an IRA or 401(k). The form designates who receives the asset if the account owner dies. However, these forms can create confusion, unintended bequests, and family turmoil if not adequately monitored.
Amid the climate of uncertainty surrounding the coronavirus pandemic that is sweeping the nation, people are grappling with the difficult subject of estate planning … and not taking any chances.
While residents in Cecil County and throughout the state are taking precautions to safeguard themselves against COVID-19, some people are stealing or attempting to steal money through coronavirus-based scams, according to the Maryland U.S. Attorney’s Office.
The best way to take precautions and ensure your pet will be well cared for is by doing some estate planning.
An issue that frequently arises is the treatment of an inheritance received by a spouse during the marriage. The basic rule is that any property received via gift or inheritance during the marriage is exempt from equitable distribution.
The fact is people’s names often change. People get married and divorced, or sometimes they just legally change their names.
Safe and shareable password storage is vital in today’s computerized world. The old solution–writing down passwords on paper set next to your keyboard–is not safe, not adequate, and not shareable.
Many different factors can cause falls, so your team should include several people who can assess various aspects of your life that could contribute to falls.
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