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Recent Blog Posts

How to Use a Pet Trust to Provide For Your Beloved Pet if You Die

How to Use a Pet Trust to Protect Your Pet if You Die

By McDonald Law Firm, LLC |

Estate planning is about protecting what’s important to you. Although much of the traditional estate planning conversation focus on surviving spouses, children, grandchildren, many pet parents wonder about what could happen to their “furry children” after their death, or if they become incapacitated and unable to care for their pets. Read on if you’ve… Read More »

What you need to know about estate planning for small business owners

4 Keys to Smart Estate Planning for Small Business Owners

By McDonald Law Firm, LLC |

Preparing your company for your incapacity or death is vital to the survival of the enterprise. Otherwise, your business will be disrupted, harming your customers, employees, vendors, and ultimately, your family. For this reason, proactive planning – including your business and your estate plan – is key. Below are some tips on business and… Read More »

Why you still need an estate plan with the Trump Tax Cuts

Is Estate Planning Still Necessary With the Trump Tax Cuts?

By McDonald Law Firm, LLC |

Now that Tax Day 2018 is in the rear-view mirror for many Americans, a question many of them will have to reckon with moving forward, is estate planning still necessary with the Trump Tax Cuts? The Tax Cut and Jobs Act was signed into law by President Trump in 2017. The new tax law… Read More »

5 Common Care Arrangements for Adults with Special Needs

5 Care Options for Adults with Special Needs

By McDonald Law Firm, LLC |

There are numerous care options available for adults with special needs. The options available vary based on the level of care required, ranging from those adults with special needs who are able to be more independent, to those who need advanced medical care. When planning for- or selecting- care options for special needs adults,… Read More »

Preparation Advice for Caring for a sibling with special needs

3 Tips for Caring for a Sibling with Special Needs

By McDonald Law Firm, LLC |

When a family has a child with special needs, the care of that child eventually falls on the shoulders of the entire family. The parents generally care for the child for as long as they are able. However, when the parents begin to age, the siblings are often called upon to take over care… Read More »

What is a Medicaid Divorce?

Can a “Medicaid Divorce” Protect Your Assets?

By McDonald Law Firm, LLC |

The term Medicaid divorce refers to a strategic (yet often controversial) legal concept where an otherwise happily married couple will seek a divorce so that one spouse can qualify for Medicaid assistance, and impoverishing the well spouse. To better illustrate why a married couple might consider a Medicaid divorce, let’s take a look at an… Read More »

Understanding the importance of long-term care planning

The Importance of Long-Term Care Planning

By McDonald Law Firm, LLC |

Life expectancy in the United States has continued an upward trend over the last several decades. The average life expectancy for men is 76.4 years and the average for women is a healthy 81.2 years of age. What has not trended upward, however, is the number of people engaging in long-term care planning. The… Read More »

4 Ways to Avoid Guardianship

4 Ways to Avoid Guardianship

By McDonald Law Firm, LLC |

What is a guardianship, and when is it necessary? In Maryland, a guardianship is usually defined as a protective legal proceeding for someone who is incapacitated or disabled and unable to manage his/her own financial and/or medical affairs. Incapacitated, as it relates to an adult, means that an individual is no longer able to… Read More »

Understanding the Basics of Alzheimer’s Disease

Alzheimer’s Disease 101: What You Need to Know to Be Prepared

By McDonald Law Firm, LLC |

According to the Alzheimer Association, Alzheimer’s Disease is the sixth leading cause of death in the United States. 1 in 3 seniors dies with Alzheimer’s or another dementia. More than 5 million Americans are living with Alzheimer’s; by 2050 this number could be as high as 16 million. In the United States, every 66… Read More »

Do I really need an advance directive?

Yes, You Do Need an Advance Directive. Here’s Why.

By McDonald Law Firm, LLC |

Most of us don’t like to think about the possibility of something harmful happening to us or a loved one. Because of this, we rarely think about how to protect ourselves and our loved ones if the worst were to happen. However, just as it is important to buy homeowner’s insurance to protect your… Read More »

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For help with estate planning, special needs planning, elder law or business planning needs throughout Howard, Montgomery, Prince George’s, Anne Arundel, and Baltimore County; and Baltimore City, contact McDonald Law Firm, LLC.

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