fbpx
Close Menu
+

Recent Blog Posts

Estate Planning Issues for the Modern Family

By Andre O. McDonald |

As the name suggests, ABC’s TV show Modern Family depicts the relationships and experiences between a fictional extended family. Throughout the course of the series, the show addresses many issues that families deal with each day. For a close-knit family such as this fictional one, estate planning is crucial to ensure that everyone is… Read More »

3 times when a probate proceeding may still be necessary

Why You May Still Have to Open a Legal Probate Proceeding

By Andre O. McDonald |

Probate is the legal process for recognizing the validity of a person’s will after their death and appointing the nominated decision maker. This person, also known as an executor or personal representative, administers the deceased person’s estate and ensures that their money and property are transferred to the beneficiaries specified in their will. If… Read More »

How to avoid probate issues with proper estate planning

Proper Estate Planning Reduces Probate Issues

By Andre O. McDonald |

Probate is a legal process that happens after someone dies. While probate can be complex, lengthy, and expensive, proper estate planning can mitigate unwanted risks and probate issues by anticipating what might happen and preventing problems before they arise. Sound estate planning can make the probate process run efficiently and smoothly, protecting your estate’s… Read More »

Do you know the risks of naming a minor child as beneficiary on your retirement account?

Want to Leave Your Retirement Account to Your Minor Child? Consider These Things First

By Andre O. McDonald |

Your retirement account may be one of the most valuable things you own. Many people consider naming their children as the beneficiaries of these accounts because they think it is a way of easily transferring their wealth if something happens to them. However, there are some factors that make this type of transfer more… Read More »

Understanding the risks of an unrecorded deed

What Is the Effect of an Unrecorded Deed?

By Andre O. McDonald |

A deed is a legal document used to transfer real property ownership rights from one person or entity (the grantor) to another (the grantee). In many cases, this transfer occurs due to the property being sold, with the seller transferring the property to the buyer. Typically, a deed is recorded with the local county… Read More »

Understanding the tax implications of special needs trusts

Taxes and Special Needs Trusts

By Andre O. McDonald |

Families who care for a loved one with special needs or a disability will often create and fund a special needs trust. It can provide peace of mind to improve a family member’s future quality of life without jeopardizing their eligibility for government benefits. However, families must also consider the tax implications of special… Read More »

What you need to know about legal options for people with special needs and their families

Legal Options for People with Special Needs (and the Families Who Support Them)

By Andre O. McDonald |

The Americans with Disabilities Act (ADA) provides support and empowerment to people with special needs and disabilities. More options for individuals and families who support them to live as independently as possible are available. Multiple options are available to create and amend legal frameworks to best serve persons with special needs. Requirements continue to… Read More »

Young indian man wearing purple sweatshirt standing over isolated pink background smiling showing both hands open palms, presenting and advertising comparison and balance

A Comparison of Special Needs Trusts and ABLE Accounts

By Andre O. McDonald |

A special needs trust (SNT) and an Achieving a Better Life Experience account (ABLE) provide a tax-free way to save money for people with disabilities. Both options provide a mechanism for saving money and protecting resources that ensures the person with a disability (PWD) continues their eligibility for public benefits programs. Accumulating resources for… Read More »

Special Needs Trustee: What to Look For, and How to Choose a Good One

Choosing a Special Needs Trustee

By Andre O. McDonald |

When creating a special needs trust (SNT) for a loved one with a disability, the grantor (the individual creating and funding the trust) typically becomes the trustee. However, it is crucial to choose a successor trustee who will continue properly managing the SNT to benefit the special needs individual. When selecting a reliable, honest,… Read More »

Cohabitation and joint ownership: What are the risks?

Legal Perils of Gift and Joint Ownership between Unmarried Couples

By Andre O. McDonald |

Cohabitation without marriage is becoming more common in the United States. Among eighteen- to forty-four-year-olds, the percentage of adults who have lived with an unmarried partner at some point is now higher than the percentage of adults who have been married. When you live with a romantic partner, it may feel as though you… 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.

Captcha
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 - 2023 McDonald Law Firm, LLC. All rights reserved.