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Tag Archives: incapacity planning

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What to Do When a Disability Throws Your Estate Plan into Chaos

By Andre O. McDonald |

As poet Robert Burns mused centuries ago, the best-laid plans of mice and men often go awry. Despite thoughtful effort and a concerted strategy, you cannot prepare for every emergency in life. A car accident, sudden illness, workplace injury, or chronic medical condition can force you to reevaluate the core assumptions you used to… Read More »

Should I name a different trustee in the event of my incapacity vs. my death?

Should the Trustee of My Trust Be Different During My Incapacity Than at My Death?

By Andre O. McDonald |

When you create a trust, choosing a trustee is one of the most important decisions you will make. If you create a revocable living trust—that is, a trust that you establish during your lifetime and can revoke or amend—you may opt to act as trustee for your trust, retaining the full control over and… Read More »

Understanding the Basics of Alzheimer’s Disease

Alzheimer’s Disease 101: What You Need to Know to Be Prepared

By Andre O. McDonald |

(Updated November 2021)  November is Alzheimer’s Disease Awareness Month. In 1983, then-President Ronald Reagan made November the designated month for National Alzheimer’s Disease Awareness Month. Then fewer than 2 million Americans were diagnosed with this devastating illness that then and now destroys the lives of the people diagnosed with Alzheimer’s and the families who… Read More »

Estate Planning in 2018: New Tax Laws and Other Key Considerations

How New Tax Laws Will Impact Estate Planning in 2018

By Andre O. McDonald |

With 2017 now relegated to history, including Congress passing (and President Trump signing into law) the Tax Cut and Jobs Act, the question as we look ahead to 2018 now becomes: how do these new tax laws affect my estate plan? With that in mind, let’s consider a few things to watch regarding estate planning,… Read More »

How to Avoid Living Probate

Avoid Living Probate: How to Keep Guardians and Conservators Out of Your Estate (UPDATED: May 2019)

By Andre O. McDonald |

While most proactive individuals know the importance of having a well-rounded estate plan, it is typically considered as something that will take effect after they have passed away. But there are in fact many ways in which comprehensive estate planning can have a positive impact on your life while you are still around to… Read More »

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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.

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McDonald Law Firm, LLC

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Bethesda, MD 20814

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