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.

Trust Planning and Administration

Who’s Going to Get It: Do You Really Know the Beneficiaries of Your Dynasty Trust?

Posted on: July 10th, 2014
Today many estate plans contain irrevocable dynasty trusts that will continue for the benefit of a spouse's lifetime and then for the benefit of several generations. Since these trusts are designed to span multiple decades, it is important that they clearly define who will be included as trust beneficiaries at each generation....

Does Your Revocable Living Trust Reduce Your Estate Tax Bill?

Posted on: April 1st, 2014
Many people believe that once they set up and fund a revocable living trust, property held in the trust will avoid estate taxes after they die. In reality, this often is not true depending on your choice of beneficiaries and the terms written into your trust agreement....

Choosing a Trustee for Your Estate Plan

Posted on: September 12th, 2013
When you establish a Trust, you name someone to be the Trustee. But how do you choose the best person to be your Trustee? This article discusses some of the key points in selecting your Trustee....

Naming Your Successor Trustee for your Maryland Living Trust

Posted on: August 8th, 2013
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....