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Tag Archives: Retirement Accounts

Planning on leaving money to grandchildren in a will? Avoid these common mistakes.

Planning on Leaving Money to Grandchildren in a Will? Don’t Make These Common Mistakes!

By Andre O. McDonald |

As we build wealth, we naturally desire to pass that financial stability to our offspring. With the grandkids, especially, we often share a special bond that makes us want to provide well for their future. However, that bond can actually turn into a weakness if proper precautions aren’t set in place. If you’re planning… Read More »

Protecting Your Finances (and Your Family) as You Age

Financial Smarts Peak at 50, Here’s How to Protect Your Older Self

By Andre O. McDonald |

A study conducted by Texas Tech University concluded that the ability to make smart financial decisions peaks at age 50. This decline was observed in both men and women, making both sexes equally vulnerable to financial fraud as they age.   4 Tips for Protecting Your Finances From Scams, Shams and Schemes as You… Read More »

Asset Protection Planning: Stop the Domino Effect

3 Asset Protection Tips You Can Use Now

By Andre O. McDonald |

A common misconception is that only wealthy families and people in high risk professions need to put together an asset protection plan. But in reality, anyone can be sued. A car accident, foreclosure, unpaid medical bills, or an injured tenant can result in a monetary judgment that will decimate your finances. Below are three… 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

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(By Appointment Only)

7315 Wisconsin Avenue, Suite 800 West
Bethesda, MD 20814

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

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