Estate Planning
How Can I Protect My Elderly Parents’ Assets?
People are living longer and more active lives than any other point in history. This also means that more and more adult children find themselves dealing with new challenges that come with aging parents. And one of the questions we hear most often is, “How can I protect my elderly parents’ assets?”
Read MoreWhat is the Difference Between an Executor and an Estate Administrator?
Serving as a personal representative (executor or administrator) for a loved one’s estate is a big responsibility. “You have the power of attorney for the deceased person’s estate. You need to handle their real estate, settle any estate tax, communicate with their loved ones, and hire a law firm for legal advice, among other things,” explains Patrick O’Brien, executor.org. All in all, the entire process typically lasts about a year from start to finish – though the actual time can vary depending on the size and complexity of the estate. But did you know there is actually a difference between an executor and an estate administrator?
Read MoreCan Beneficiaries Object to an Estate Administrator?
An executor or personal representative can be nominated to serve in the deceased person’s will, however, if there is no Will, a court-appointed estate administrator or personal representative will be appointed by a probate court. The latter can sometimes lead to tensions amongst heirs who disagree with the court’s decision. So, one of the questions we hear often is, “Can beneficiaries object to an estate administrator?”
Read MoreWhat is the Estate Administration Fee in Maryland
id you know that a personal representative is entitled to a fee for their work? And these fees differ by state. So, we are often asked: What is the estate administration fee in Maryland?
Read MoreHow to File to Be an Administrator of an Estate in Maryland
When a friend or family member dies and does not have a will or estate plan in place, what most want to know is how to file to be an administrator of an estate or personal representative in the state of Maryland.
Read MoreWhat Does an Administrator of an Estate Do?
What do you do if you find yourself responsible for managing a loved one’s affairs or estate? What does an administrator of an estate do?
Read MoreHow is an Administrator of an Estate Appointed?
are carried out after you pass? The answer is your estate administrator. But what exactly is an estate administrator and how is an administrator of an estate appointed?
Read More#FreeBritney – What You Need to Know About the Britney Spears Conservatorship
Chances are, you’ve heard the phrase “Free Britney” in the news, you’ve seen the hashtag #FreeBritney on social media, or you’ve heard someone talking about the Britney Spears conservatorship case. But what is this all about? What is a conservatorship? And what is so special about the Britney Spears case? What is a Conservatorship? Conservatorship,…
Read MoreGuardianship of the Person and Property in Maryland (Full Guardianship)
When a person is no longer able to make decisions for themselves because of age, disease, or disability, a legal guardian, also known as a conservator, may be appointed by a Maryland circuit court to assist in making some or all personal and/or financial decisions. There are generally three types of guardianship, referred to as…
Read MoreGuardianship of the Person in Maryland
Guardianship in Maryland, sometimes referred to as a conservatorship, can take several forms, but most common are Guardianship of the Property, Guardianship of the Person, Guardianship of the Person and Property, and Short-Term or Temporary Guardianship. In this article, we are going to explore the topic of Guardianship of the Person – what it is,…
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