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Tag Archives: wills

3 Estate Planning Myths You Should be Aware of in Columbia, MD and beyond

Estate Planning Myths: Why Me, Why Now … and is a Will Enough?

By Andre O. McDonald |

Marylanders – you have worked hard for years, have family members and friends you care about, and have approached a time in your life when “estate planning” sounds like something you should do … but you are not exactly sure why. You may feel that you are not wealthy enough – or not old… Read More »

What you must know about the basics of estate planning for military families

Estate Planning for Military Families: Are You Protected? (UPDATED: August 2019)

By Andre O. McDonald |

No matter the time of year, it is always a good opportunity for members of the military and their loved ones to consider setting up — or revising an existing —estate plan. Military families need to consider special estate-planning issues that others do not. This is particularly true when one or more family members… Read More »

Holographic wills: are they enforceable?

Are Handwritten Intentions Enforceable? Princess Diana Thought So…

By Andre O. McDonald |

Princess Diana of Wales was one of the world’s most loved celebrities – and one of the richest. Her tragic death in 1997 was world news. The majority of her estate, reportedly worth $40 million at the time of her death, was divided between Prince William and Prince Harry in her estate plan. However,… Read More »

The importance of including long-term care in your estate plan

Why Factoring Long-Term Care into Your Estate Plan Pays Off

By Andre O. McDonald |

For most people, thinking about estate planning means focusing on what will happen to their money after they pass away. But that misses one pretty significant consideration: the need to plan for long-term care.   The last thing any of us want to contend with when a health issue arises later in life is… Read More »

Estate Planning for Unmarried Couples: Til' Death Do Us Part, Too!

‘Till Death Do Us Part, Too: Estate Planning Tips for Commitment Without Marriage

By Andre O. McDonald |

Advice columnist Ann Landers once observed that “love is friendship that has caught fire.” If that’s true, there are thousands of ways for that blaze to unfold. For many Americans, such devotion and passion do not need to be neatly formalized as marriage.   In fact, our cultural norms are shifting, and quickly. Consider… Read More »

3 Coping Strategies for the Overwhelmed Personal Representative

3 Tips for the Overwhelmed Personal Representative

By Andre O. McDonald |

While it is an honor to be named as personal representative (executor) of a will or estate, it can also be a sobering and daunting responsibility. Being a personal representative requires a high level of organization, foresight, and attention to detail to meet all responsibilities and ensure that all beneficiaries receive the assets to… Read More »

5 Reasons Why Probate in Maryland Takes So Long

HELP! This Probate Is Taking Forever!!!

By Andre O. McDonald |

After a loved one dies, his or her estate must be settled. While most people want the settlement process to be done ASAP, probate in Maryland, including Howard County, can take between 9 to 18 months, presuming there is no challenges to a Will or any litigation. Yes, you heard that right. The time… Read More »

Wills for New Parents: 5 Things You Must Know

Wills for New Parents: What You Need to Know

By Andre O. McDonald |

As a new parent, you naturally want to guarantee your new baby’s future in every way. For many new parents, infancy is a time for celebrating new life, and making a will is the last thing on their minds. For others, the process of bringing new life into the world sparks intense feelings of… 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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