August 2013 Posts

  • Why You Need to Provide for Your Parents in Your Estate Plan

    Consider what would happen to your parents if they rely on you for physical and/or financial support, and something happens to you. Plan now for their physical and financial care in your estate plan. Instead of the traditional approach of how to leave assets to your children and future generations, you may also need to include providing for the previous generation--your parents....
  • Naming Your Successor Trustee for your Maryland Living Trust

    If you have a revocable living trust, you likely named yourself as the Trustee so you may continue to manage your own financial affairs. Eventually, though, someone will need to step in for you when you are no longer able to act on your own behalf due to incapacity or after your death. The Successor Trustee plays an important role in the effective execution of your estate plan....