Preparing for Probate
January 23, 2020
We have all heard the term “probate.” However, we may not be exactly sure what this means. It may sound daunting, but don’t be intimidated by the phrase.
Downs Law Firm, P.C.
Laurel Maryland Estate Planning Blog
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The SECURE Act May Mean Changes to Estate Plans?
January 21, 2020
These changes are so significant that plan holders should review their wishes and how their estate plans may be affected.
What Does an Estate Planning Lawyer Really Do?
January 15, 2020
Estate planning is a systematic process, which involves getting your personal and financial goals for the time you pass away or become mentally incapacitated. It is also known as a last will, and almost everyone does this planning for their family.
Record Keeper or Hoarder?
January 14, 2020
There’s a fine line between holding on to important financial and medical records … and hoarding.
Medicaid Eligibility for Long-Term Care
January 8, 2020
Generally speaking, if you make under 100-200% of the federal poverty level and are elderly, you will likely qualify for your state’s Medicaid program.
Top 6 Questions (and Answers) about Conservators and Guardians
January 6, 2020
In some states, those who are appointed ‘conservator of the estate’ are those who make financial decisions. Those who are appointed ‘conservator of the person’ handle the same issues as a ‘guardian.’
A Wave of Baby Boomer Downsizing is Coming
January 2, 2020
As baby boomers reach their golden years, millions of homes will be sold as a growing number of homeowners across the country downsize or pass away.
Welcome in the Roaring 20’s
December 31, 2019
Time moves forward, not around. These are a new set of the ’20s, a different and unique time in history. What will the decade bring? This will be the decade of 5G and self-driving cars, faster ways to communicate, and fewer real interactions.
Secure Act Passes So Revisit IRA Planning
December 26, 2019
The Secure Act will force faster withdrawals from Inherited IRA Accounts.
Costly Mistakes with 401(k)s
December 17, 2019
This is a big one. The IRS would love for you to take every penny out of your 401(k) when you change jobs for one very good reason: more tax revenue.
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