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Tag Archives: will

What's the difference between dying intestate vs. with a will or trust?

Wills, Trusts & Dying Intestate: What’s the Difference?

By Andre O. McDonald |

“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 »

It's tax prep time!

9 Tax Prep Questions That Will Help Organize Your Estate Plan, Too

By Andre O. McDonald |

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 »

How to Transfer Frequent Flyer Miles After Death

Can you transfer Frequent Flyer Miles after death?

By Andre O. McDonald |

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 helps Maryland families preserve their history

How a Personal Property Memorandum Can Help Preserve Your Family’s History

By Andre O. McDonald |

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? 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 »

Estate Planning for New Parents: How to Protect Your Sweet New Baby

New Baby? The Importance of Estate Planning for New Parents

By Andre O. McDonald |

Estate planning is often one item that gets pushed back on nearly everyone’s to-do list. The reasons you might be delaying vary: lack of time, not thinking you have enough assets, not knowing how to start, or fear of contemplating death. Whatever the reason for not putting an estate plan together up until now,… 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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