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Monthly Archives: August 2020

How to avoid family fights over property and inheritance

7 Ways to Avoid Family Fights Over Property

By Andre O. McDonald |

Ask a group of friends if they have experienced family fights over property after a loved one has died, and you will be in for a lively and eye-opening conversation. Far too many families end up fighting, or at least experiencing tension, over a family inheritance. But it does not have to be that… Read More »

7 pitfalls to watch out for when choosing beneficiaries in your estate plan

Designating Beneficiaries: 8 Pitfalls You May Not Know About

By Andre O. McDonald |

You might think that leaving your property to your heirs would be simple enough. You make a will or a trust, you do a transfer-on-death deed for your real estate, you put your kids on your bank account, you designate beneficiaries for your life insurance and retirement accounts, and you’re done. If only things… Read More »

How to Avoid a Frozen Bank Account After the Death of a Loved One

How to Avoid a Frozen Bank Account After the Death of a Loved One

By Andre O. McDonald |

The death of a loved one is one of the most difficult times in a person’s life. Nothing can truly prepare a person for such a loss. However, dealing with the financial stress of frozen bank accounts can exacerbate the stress. Without proper planning, your significant other could struggle to gain access to your… Read More »

A Last Will and Testament Does Much More Than Just Helping Transfer Assets

A Will Does Much More Than Transfer Your Assets

By Andre O. McDonald |

Caring.com annual estate planning survey for 2019 found that 57% of U.S. adults do not have a Last Will & Testament (a “Will”). The survey found that participants were more likely or less likely to have a Will depending on issues such as age, race, and education. For example, when broken down generationally, 66% of people… Read More »

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

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McDonald Law Firm, LLC

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Bethesda, MD 20814

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