119 Heirs Share $11 Million Unclaimed Property

January 23, 2023

It turns out it’s not just in the movies that you can get a huge inheritance from that uncle you never knew about.

What are the Advantages of a Testamentary Trust?

August 18, 2021

This legal document can also be beneficial in many situations, such as if you want to leave an inheritance to someone but aren’t sure they will use the gift wisely.

Some Common Estate Planning Scams

July 8, 2021

The Wealth Advisor’s recent article entitled “Beware of These Common Estate Planning Scams” advises you to avoid these common estate planning scams. Cold Calls Offering to Prepare Estate Plans. Scammers call and email purporting to be long lost relatives who’ve had their wallets stolen and are stranded in a foreign country. Seniors fall prey to…

What Will Be Your Legacy?

December 7, 2020

Your legacy is what you leave behind: What people will remember about you and receive from your life? Legacy planning is about fostering your relationships and passing on what is most important to you for your loved ones.

Can an Inheritance Lead to Trouble for Marriages?

October 22, 2020

Most states recognize inheritances as separate property, and many experts say keeping them separate is often the best approach.

Do I Have to Accept an Inheritance?

October 2, 2020

No one has to accept inherited assets. Inherited assets can be disclaimed.

Inherited IRAs Require Careful Handling

August 27, 2020

One wrong decision can lead to expensive consequences, and good luck trying to persuade the IRS to give you a do-over.

What Should I Know about Beneficiaries?

August 11, 2020

When you open a financial account, you’re often asked to name a beneficiary. Simply stated, a beneficiary is someone who is entitled to the benefits of the account on the death of the account holder. For example, if you’ve purchased life insurance, you name a beneficiary who receives the benefits of the policy when you pass away.

Can I Disinherit Anyone I Want?

August 6, 2020

So, you’ve decided that a family member won’t be getting an inheritance after all. Maybe you have an ungrateful or irresponsible family member you want to cut out of the will.

Preparing Children for Future Inheritances

August 4, 2020

By discussing finances with your children early and often you can set them—and future generations—up for success, when it’s time to receive the wealth you’ve accrued.

(301) 776-7900

322 Main Street, Suite 102

Inheritance