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Tag Archives: estate planning

Ways to hold title to property in Maryland and Washington, DC

Ways to Hold Title to Property in Maryland and the District of Columbia

By Andre O. McDonald |

For many people, real property, including their home, is a big part of their overall net worth. How the home and other pieces of real property is titled deserves careful consideration. Real estate constitutes the land and any structure, including vegetation, crops, and other natural resources that sit on the land under the state’s… Read More »

The keys to estate planning for blended families

What You Need to Know About Estate Planning for Blended Families

By Andre O. McDonald |

The structure of families has changed in the United States: According to statistics cited by the Pew Research Center, six out of ten women who remarry are in blended families, and in about half of those remarriages, stepchildren live with the remarried couple. If you or your grown children are part of a family… Read More »

Your Divorce Decree: The First Step in Estate Planning

Your Divorce Decree: The First Step in Estate Planning

By Andre O. McDonald |

You have recently divorced your spouse and the judge has signed the divorce decree. Now what? Although you may feel as though you have spent enough time and money on lawyers, there is one last attorney you need to talk to: an estate planning attorney. Failing to update your estate plan after divorce can… Read More »

Do I need a living will?

Why a Living Will is Important

By Andre O. McDonald |

A living will is a legal document that lays out your preferences for life-sustaining medical treatment.  It is often accompanied by a health-care proxy or power of attorney, which allows someone to make healthcare decisions for you when you are incapacitated, and the living will does not have specific instructions for the situation at… 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 »

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 »

Adoption and estate planning: How to create an estate plan that protects your new family member

Adoption and Estate Planning: How to Take Care of Your New Family Member

By Andre O. McDonald |

November is National Adoption Month, which is aimed at raising awareness about adoption and the children who need permanent, loving homes. Thousands of children are adopted each year, bringing much joy to their adoptive families. If you are in the process of adopting or have recently adopted a child, it is a great time… Read More »

What to do when a loved one dies: 6 practical steps

What To Do When a Loved One Dies

By Andre O. McDonald |

When a family member or other loved one dies, grief and shock can sometimes be overwhelming. The last thing most people want to think about is making phone calls or funeral arrangements. Some things do not need to be done immediately, but there are some steps that should be taken soon after the loss… Read More »

do married couples need separate estate plans?

Do Married Couples Need Separate Estate Plans?

By Andre O. McDonald |

The average American family has changed a great deal over the last few decades. The assumption that a couple will share finances, tax obligations, and a last name is one that does not necessarily apply in the 21st century. There are more options than ever before to keep your finances, identity, and future plans… Read More »

gift vs loan vs advance: what's the difference?

Gift vs Loan vs Advancement: Why the Classification Matters

By Andre O. McDonald |

While we all want to provide financial help to our loved ones—whether they are family or close friends—it is important to understand that how the money is classified will directly affect your estate planning. Accordingly, the intent behind the transfer of the money is key when determining if it will be considered a gift… 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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