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Can adult children be held responsible for their parents' nursing home bills?

Can adult children be held responsible for parents’ nursing home bills?

By Andre O. McDonald |

The astronomical expense of long-term nursing care is no longer news. Costs can run around $7,000.00 or more per month, depending on location. Hundreds of thousands of people presently need that kind of care and the numbers are rising. Ten thousand “baby boomers” a day turn 65, and it’s projected that seven of ten… Read More »

Understanding the risks of co-ownership of property

The Risks of Co-ownership of Property

By Andre O. McDonald |

Many individuals believe that co-owing property with relatives is a cheaper alternative to drafting a will or trust. While this may be true, this strategy has some inherent risks. While owning property with family may let you pass on the asset without going through probate, there are several risks – including taxes, creditor exposure,… Read More »

What you need to know about the serious impact of the SECURE Act of 2020

What You Need to Know About the SECURE Act of 2020

By Andre O. McDonald |

In 2019, Congress passed a bipartisan appropriations bill. As part of this massive spending bill, there is a piece of legislation known as the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act represent the first significant change in retirement legislation since the Pension Protection Act in 2006. On December… Read More »

5 things you should make sure that your medical power of attorney agent is clear about

5 Important Things Your Medical Power of Attorney Agent Needs to Know

By Andre O. McDonald |

Even if you are currently the picture of good health, you may suddenly become too ill to make healthcare decisions for yourself or become unconscious after an accident, needing someone to stand in your shoes to make those decisions for you. A medical power of attorney is a crucial part of your estate plan… Read More »

Differences of non citizen spouse estate planning

Impact of a Non-Citizen Spouse on Estate Planning

By Andre O. McDonald |

According to the Pew Research Center, in 2017, there were 44.4 million foreign-born people living in the United States, 55% of whom were non-citizens. As a result, there are many occasions when a non-citizen may be the beneficiary of the estate of a U.S. citizen, for example, if the non-citizen immigrant married a U.S…. Read More »

what you need to know about estate planning for LGBTQ couples

5 Key Considerations in Estate Planning for LGBTQ Couples

By Andre O. McDonald |

Everyone needs estate planning. Regardless of your age, race, gender, or sexual orientation, properly protecting your future and your loved ones requires a plan. There are a few specific considerations to keep in mind when it comes to estate planning for LGBTQ couples. Each couple is unique, and it is our goal at McDonald… Read More »

What you need to know about how to care for an elderly parent

How to care for an elderly parent

By Andre O. McDonald |

As much as you may try, aging is something you cannot escape, and it affects all families. It can be challenging for adult children to imagine their parents as seniors and to understand and respond to the reality that each parent will age differently. Even if you are in the fortunate circumstance where your… Read More »

What to do if you miss a required minimum distribution on your retirement account(s)

Missed a Required Minimum Distribution? Here Is How to Fix It

By Andre O. McDonald |

The retirement years are supposed to be carefree—but what if you neglected to take the required minimum distribution (RMD) from one or more of your retirement accounts or took a distribution that was lower than required? This could be a costly mistake resulting in a tax penalty of 50% of the amount of the… Read More »

Beware of these 6 myths about long-term care!

6 (Surprising) Myths About Long-Term Care

By Andre O. McDonald |

According to the U.S. Department of Health and Human Services, someone turning age 65 today will have a 70 percent chance of requiring some long-term care (LTC) service and support during the remainder of their life. In the case of women, the typical LTC need will last about 3.7 years compared to men who will… Read More »

Beware of these 6 things commonly found in a nursing home contract

6 Things to Watch Out For Before Signing a Nursing Home Contract

By Andre O. McDonald |

Suppose your mother can no longer make decisions for herself and she now needs nursing-home care. You are stressed and anxious. You’re now staring down a twenty-page, single-spaced nursing home contract. You wish you could flip straight to the last page and sign then and there, just to get it over with. Do not… Read More »

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For help with estate planning, special needs planning, elder law or Veteran's Pension 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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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

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