Why You Need a Secondary Beneficiary
Naming secondary beneficiaries can help estate planners avoid the delay and costs of going through probate, as well as ensure that your wishes are carried out.
Call us Anytime
Laurel, MD 20707
Downs Law Firm, P.C.
Home • Blog
Naming secondary beneficiaries can help estate planners avoid the delay and costs of going through probate, as well as ensure that your wishes are carried out.
As we grow older, many of us fear the possibility that we could be diagnosed with dementia. Few things are more frightening than the thought of losing our independence to this progressive disease. Researchers at the University of Cambridge now say signs of dementia may appear up to nine years in advance of when the illness is typically diagnosed.
It turns out it’s not just in the movies that you can get a huge inheritance from that uncle you never knew about.
If you haven’t had any experience with guardianship for adults with dementia, it’s likely you don’t understand just how complex it is. You are not alone.
Kirstie Alley enjoyed the fruits of her labor following a successful career in the limelight, leaving behind a $40 million fortune and a massive real estate portfolio.
If you live in an apartment building or a multi-story house, you may dread taking the stairs each day. And, if you’re older, you might think that dodging the stairs means you’re less likely to stumble and trip. However, in reality, walking up a couple of flights of steps actually does plenty to preserve your balance as you age.
I’ve been involved in a coaching group for years, trying to learn to run my life and business with meaningful goals and purpose. Among the habits I have developed that have been most helpful is regularly visiting my major lifetime goals, then my 10-year, three-year and one-year goals. These take meaning and space, however, over a shorter timeline.
The Social Security system of retirement benefits, begun in 1935, are a crucial underpinning of life for American retirees. For most people over 65, it’s undoubtedly hard to imagine life without this retirement benefit.
After the 2022 midterms, the estate of late songwriter Tom Petty tweeted a statement that condemned the use of Petty’s 1989 hit “I Won’t Back Down” in one failed gubernatorial campaign.
From contentious relatives to scam artists, wills are not immune to the threat of a contest. If you have an inkling such a fight could be in your estate’s future, here are some ways to limit the risk.