Estate Planning Hot Topics

Welcome to our Estate Planning Hot Topics center.  This is our Blog containing current and timely short articles of interest to our clients about various estate planning, legacy planning, tax planning, business succession planning, and estate administration issues.  You may view our Estate Planning Hot Topics archive here and you may subscribe to the Estate Planning Hot Topics to be alerted when we post additional articles of interest.

Long Term Care and Disability Planning

Long Term Care Planning Part 2: The Solution

Posted on: December 10th, 2013
How will you pay for long term care when needed? Many people are surprised to learn that long-term care is not covered by health insurance, disability income insurance, or Medicare. Here we provide an overview of the various options for paying for long term care....

Long Term Care Planning, Part 1: Essentials

Posted on: December 3rd, 2013
Long term care often is needed due to aging, chronic illness or injury, and with people living longer, most of us will need it for at least some time before we die. But it is not just for the elderly--a good number of younger, working-age adults are currently receiving long-term care due to accident, illness or injury....

Providing for Emotional and Financial Support through Special Needs Planning

Posted on: June 10th, 2013
If you are the parent of a child with special needs, you live daily with the very real obstacles and challenges of caring for your child--both emotional and financial. Too many families with special needs children, however, believe that to preserve the all-important government benefits that the child receives, they must disinherit the child and hope that a family member will have the ability and resources to care for the special needs child. But with proper planning, there is no need to disinherit your special needs child!...

Planning for Incapacity and Disability

Posted on: May 31st, 2013
With people living longer due to advances in medicine and changes in lifestyle, odds are that most of us will become disabled for some time before we die and may need long-term care. Unfortunately, too few plan for an event that is more likely to be a probability than a possibility--and the consequences of not planning can be disastrous for all involved....

Maryland Advance Health Care Directives

Posted on: February 20th, 2013
Given that we all are likely to suffer from some form of disability during our lifetimes it is critical that we think through these issues carefully and that we prepare the legal documents necessary to effectuate our desires. It is important to most people that their desires will be carried out even when they are no longer able to verbalize them or otherwise express them. This is one area where the help of counsel who focuses on these issues is especially critical....