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Monthly Archives: February 2023

What to do if your spouse dies with a property disclaimer in their will or trust

Three Things You Need to Do When Your Spouse Dies and Their Will or Trust Has a Disclaimer Provision

By Andre O. McDonald |

Losing your spouse is one of the most difficult things you might face in life. Although it is important to take time to grieve, there are also some crucial steps you need to take as soon as possible to address your spouse’s accounts and property and secure your own future. For example, if your… Read More »

pros and cons of beneficiary-controlled trust

Pros vs. Cons of a Beneficiary-Controlled Trust

By Andre O. McDonald |

Would you like to provide your children or loved ones with an inheritance but protect them from the risks that may accompany a large windfall? If so, you can create a beneficiary-controlled trust in which the person you name as the trust’s primary beneficiary has rights, benefits, and control over the property held by… Read More »

10 Essential Estate Planning Facts to Know About Living Wills

Ten Facts to Understand about Living Wills

By Andre O. McDonald |

A living will is not a last will and testament used to pass your assets and property after you die. Instead, it is a mechanism to communicate to your family and doctors how you want medical care conducted when you aren’t able to convey your wishes. Living wills are an essential part of an… Read More »

The importance of estate planning for surviving spouse

Estate Planning for Surviving Spouses

By Andre O. McDonald |

After losing a spouse or long-time partner, it’s difficult to look past your grief. However, it’s crucial to understand the important and timely decisions you must make regarding your finances and personal estate planning for surviving spouse. Estate planning is an ongoing process as it accounts for changes in marriages, deaths, divorces, and births… Read More »

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McDonald Law Firm, LLC

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Bethesda, MD 20814

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