Close Menu

Monthly Archives: July 2021

prenuptial agreement vs. will or trust - what's the right choice?

The Difference Between a Prenuptial Agreement and a Will or Trust

By Andre O. McDonald |

There was a time when most people heard the term “prenuptial agreement” only when watching soap operas or Hollywood movies or reading a novel. For many of us, prenuptial agreements seemed to be reserved only for the ultra-wealthy, where the continuation of dynastic family wealth was at stake. Today, however, prenuptial agreements are much… Read More »

Annual exclusion gifts: What they are and how to use them

Annual Exclusion Gifts: Give Gifts That Your Family Will Love (but the IRS Won’t Tax)

By Andre O. McDonald |

Do not let constant political and financial speculation prevent you from making tax-free medical payment, educational and annual exclusion gifts to or for the benefit of your loved ones. How to Make Annual Exclusion Gifts Annual exclusion gifts are transfers of money or property in an amount or value that does not exceed the… Read More »

Estate Planning for the LGBTQIA+ Community

Why Estate Planning for the LGBTQIA+ Community is Critical

By Andre O. McDonald |

Whatever your orientation, estate planning is crucial to protect your loved ones. Estate planning for the LGBTQIA+ community can legally protect against discrimination even if others are reluctant to recognize your relationship and your desire to permit your partner to make decisions for your care should you become unable to. Estate planning can also… Read More »

Understanding the different types of trusts

Understanding the Different Types of Trusts: Living, Testamentary, and Constructive

By Andre O. McDonald |

In the world of estate planning, terms that refer to legal documents such as wills, trusts, powers of attorney, and healthcare directives can be confusing and even overwhelming at times. What is a will, and how does it differ from a trust? What distinguishes a springing power of attorney from an immediate power of… Read More »

Request a Consultation

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.

McDonald Law Firm, LLC

Columbia Office

10500 Little Patuxent Pkwy, #420
Columbia, MD 21044-3563

Bethesda Office:

(By Appointment Only)

7315 Wisconsin Avenue, Suite 800 West
Bethesda, MD 20814

Washington, DC Office:

2101 L Street, N.W., Suite 300
Washington, DC 20037

  • Facebook
  • Google Plus
  • linkedin

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

No content on this site may be reused in any fashion without written permission from www.mcdonaldesq.com

© 2016 - 2022 McDonald Law Firm, LLC. All rights reserved.