Do I Need a Spendthrift Trust?
August 1, 2022
A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.
Downs Law Firm, P.C.
Laurel Maryland Estate Planning Blog
Estate Planning as an Unmarried Couple?
July 21, 2022
All couples can now take advantage of tax benefits for married partners, pass assets from one spouse to another with ease and qualify for Social Security spousal and survivor benefits. However, not all couples want to get married.
How Do I Store Estate Planning Documents?
July 6, 2022
A common dilemma that families face upon the incapacity or death of a loved one is locating estate planning documents. While preparing the documents are the most important step, that is irrelevant if the documents are lost when they most need to be used.
How Is Amazon’s Alexa Helping Seniors?
June 29, 2022
Amazon is introducing two new features for its “Alexa Together” elder care subscription service.
Why Your Beneficiary Designation Matters?
June 22, 2022
When you set up your estate plan it is important to coordinate the legal planning documents that you or you and your attorney create with the document provided by your retirement account custodian and/or your life insurance carrier called a ‘Designation of Beneficiary.’
College Student Legal Documents
June 16, 2022
Incapacity can occur because of illness or an accident. It can be temporary or permanent. That’s why every adult needs a power of attorney in place, once they turn eighteen.
What Happens to Home Contents when Someone Dies?
June 9, 2022
It is quite a tragedy when a loved one passes away. You may want to remember them by keeping sentimental objects from their home, or perhaps they wanted you to inherit a specific item.
Pope Francis Inspires All Seniors
June 6, 2022
Pope Francis’ willingness to work despite knee pain that has made walking nearly impossible shows other older adults that they have wisdom and experience to offer younger generations, a top Vatican cardinal said Tuesday.
Too Old to Divorce?
June 1, 2022
“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.
Introduce Your Parents to a Password Manager?
May 26, 2022
Ever heard the phrase, “a chain is only as strong as its weakest link?” The same goes for a financial portfolio: It’s only as safe as the password that protects it.
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