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Tag Archives: estate planning attorney

Selling real estate of a deceased loved one

Selling Real Estate After The Death of a Loved One: Things You Need to Know

By Andre O. McDonald |

After the death of a loved one, such as a parent, there are a variety of tasks that must be handled to wrap up your loved one’s final affairs. Selling real estate that belonged to your deceased loved one is one of the more daunting ones. But before you call a real estate agent,… Read More »

Is DIY Remodeling of your estate plan a smart idea?

National Home Remodeling Month: Can I Remodel My Own Estate Planning Documents?

By Andre O. McDonald |

Do you know that, according to the National Association of Home Builders, May is National Home Remodeling Month? Many people associate spring with cleaning out the old, brushing off the dirt accumulated from the long winter, and starting projects around the house that have been neglected for far too long. Perhaps, however, your home… Read More »

Tips for talking to your parents about creating an estate plan

How to Talk to Mom and Dad about Creating an Estate Plan

By Andre O. McDonald |

Conversations about death and dying are rarely fun. Most people avoid them because they invoke feelings about our inevitable demise. Broaching this subject of creating an estate plan can be particularly difficult for parents and their adult children. Adult children may avoid bringing up the topic because they do not want to think about… Read More »

Why you might need to protect your retirement accounts

Five Reasons to Protect your Retirement Accounts Now

By Andre O. McDonald |

Your retirement account provides asset protection during your lifetime, but as soon as you pass that account to a loved one, that protection evaporates. When your spouse, child, or other loved one inherits your retirement account, creditors have the power to seize it and use the funds to satisfy their claims. This means one… Read More »

March is Developmental Disabilities Awareness Month

March is Developmental Disability Awareness Month

By Andre O. McDonald |

In March of 1987, the Developmental Disabilities Awareness Month began, calling upon all Americans to provide the opportunities and encouragement necessary for people with developmental disabilities to reach their potential. Since then, the National Association of Councils on Developmental Disabilities (NACDD) holds a campaign each March to communicate the importance of inclusion and story… Read More »

why updating your estate plan after a loved one's death is so important

Reviewing and Updating Your Estate Plan after the Death of a Loved One

By Andre O. McDonald |

The death of a loved one is never easy. Regardless of your relationship with the deceased (blood relative, life partner, or close friend), you need space and time to process and grieve your loss. Once you have had time to cope with all that has happened, you should consider updating your estate plan in… Read More »

Options for Leaving Real Estate to Loved Ones

A Guide to Leaving Real Estate to Loved Ones (+ Pros and Cons)

By Andre O. McDonald |

Owning real estate continues to be a very popular investment vehicle for individuals and couples alike. One attractive feature of investing in real estate is that investment property can also double as a personal residence. In other cases, real estate investments may be rental, recreational, commercial, or farm properties. Whatever the case, it is… Read More »

Strategies for coping with pandemic uncertainty

Coping With More Days of Pandemic Uncertainty

By Andre O. McDonald |

We have vaccines, however the rollout has been slower than expected. COVID-19 is raging throughout many states. So how do we continue to maintain strong mental health during the next several months after enduring so much already? The human being is hardwired to evaluate risks that can interfere with our wellbeing. However, these evolved… Read More »

risks of DIY estate planning

Caution: Beware of DIY Estate Planning

By Andre O. McDonald |

We hear this question about DIY estate planning all the time: “Can’t I just grab a will off the internet, do a transfer-on-death deed for my land, put my kids on my bank account, and be done with my estate plan?” DIY estate planning is just not a good idea. For the plan to… Read More »

Should you own your timeshare in trust? Click to find out.

Should You Own Your Timeshare in Your Trust?

By Andre O. McDonald |

Timeshares have come a long way since they first arrived in the real estate market back in the ’70s. In the early days of timeshare ownership, high-pressure sales tactics, exceedingly vague contracts, and inflexible scheduling policies caused many people to quickly regret such purchases. Over time, however, timeshares have become more consumer-friendly with greater… 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

Washington, DC Office:

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

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