Tag Archives: will
5 Things Every New Parent Needs to Know About Wills
Congratulations on your new baby! Becoming a parent is an incredible journey filled with joy, love, and a whole lot of sleepless nights. It is also a time when you start thinking about the future in an entirely new way. You want to ensure that your child is always protected, no matter what. While… Read More »
What is a Will?
If you asked a group of people, “What is a will?” you may be surprised to find out that many people do not know exactly what a will can (and cannot do). However, having a clear understanding of the purpose, benefits, and limitations of a will is extremely important. What is a Will, and… Read More »
No-Contest Clause: Does “No-Contest” Really Mean “No Contest”?
We live in a litigious society. Unfortunately, even family members sometimes file lawsuits because they are dissatisfied with what their parents or loved ones leave them in a will or trust. Some are so disgruntled that they decide to contest or challenge the validity of a will or trust, which can delay its administration… Read More »
Wills, Trusts & Dying Intestate: What’s the Difference?
“Estate planning is for the rich! I don’t have enough assets to do an estate plan!” Sounds familiar? These are some of the excuses folks make in order to justify not creating an estate plan. While most people understand that having some sort of an estate plan is a good thing, many of us… Read More »
9 Tax Prep Questions That Will Help Organize Your Estate Plan, Too
It’s the start of a new year, which can only mean one thing: time to start your tax prep. This tax season comes with dramatic changes to the Internal Revenue Code, and this year’s April 17th IRS filing deadline is just around the corner. Soon you’ll be receiving tax forms, such as your W-2… Read More »
Can you transfer Frequent Flyer Miles after death?
With the 2017 holiday season on its way and many Marylanders flying to visit family, earning tens of thousands of frequent flyer miles along the way, the question becomes … what can you do with your frequent flyer miles? If you’re a frequent airline traveler, one of your estate planning concerns may be what… Read More »
How a Personal Property Memorandum Can Help Preserve Your Family’s History
With the holidays approaching, the best time to share your family history with loved ones is right now, before the memories are forgotten. The coming holiday season is a great opportunity to reminisce because you’ll probably have your loved ones nearby. While you can always pull aside children and grandchildren for a chat about… Read More »
Planning on Leaving Money to Grandchildren in a Will? Don’t Make These Common Mistakes!
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 »
