Trusts
5 Types of Wills in Maryland: Choose A Will Matters
Choosing which type of Will to make is an important decision. Here are 5 of the more common types of Wills in Maryland, what makes them unique, and who can benefit most from each type.
Read MoreRevocable Living Trusts: What You Need to Know
In simple terms, a revocable living trust is a trust that can be modified or terminated at any time. In more technical terms, a revocable living trust is a legal contract where the settlor has control over their assets throughout their life or until they are incapacitated. Upon their death, the trust becomes irrevocable and…
Read More4 Reasons to Consider a Special Needs Trust
If you have a loved one with special needs, it is important that you consider a special needs trust and the entire legal ramifications of their situation. Special needs planning is a unique opportunity for parents who have disabled children to coordinate their future.
Read MoreHow Can I Protect My House From Medicaid Estate Recovery?
When a Medicaid recipient passes away, their house becomes at risk of being possessed by the state. The reason being that the state will attempt to recover whatever Medicaid benefits the recipient received, which in most cases is solely their house. In order to avoid Medicaid estate recovery from possessing your house, you will need…
Read MoreWhat is a Trust? Do I Need One?
A trust is a fiduciary agreement that outlines how your assets will be distributed after you pass. In a trust, you specify who will have the authority to handle and distribute your assets to your beneficiaries.
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