Stouffer Legal Blog - Estate and Elder Law in Towson, Maryland

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Estate Planning for Clients with No Apparent Heirs

Most people contemplating their estate plans have specific family members in mind that they seek to provide assets as well as peace of mind. Not everyone has a spouse, children or even close relatives.

August 24, 2022

What to Expect in 2023

Many of those already in retirement or facing retirement soon experience varying levels of anxiety regarding the future of our nation, the economy, healthcare and more. What are the experts saying we can expect in 2023?

August 24, 2022

FEMA is Now Paying for Funeral Expenses for Deaths Resulting from Covid-19

If your loved one passed away from Covid-19 after January 20, 2020 you may be entitled to reimbursement of up to $9000 for the funeral and burial expenses incurred. The Federal Emergency Management Agency (FEMA) has allocated funds to assist families struggling to pay for the costs.

August 24, 2022

What is Estate Tax Exemption Portability?

Portability is often used by high-net worth families to reduce or eliminate federal estate taxes when the second spouse dies. When a spouse passes away, the surviving spouse can utilize the unlimited marital deduction and inherit the dying spouse’s assets without incurring any federal estate tax liability.

August 24, 2022

Six Elements of an Effective Business Continuity Plan

The word “recession” is ringing in the ears of many business owners which has them contemplating the continuity of their businesses. Coming out of the pandemic, enduring supply chain issues and transportation obstacles, now is the time to ensure your business can proceed and thrive even in difficult times.

August 24, 2022

Best Practices for Relocating a Senior Suffering from Dementia

Any senior facing the need to relocate to a new home faces many stressors. A senior experiencing cognitive impairment like those suffering from dementia-related illnesses, may feel even more overwhelmed and out of sorts.

August 12, 2022

How to Include Charitable Giving in Your Estate Plan

Many people fail to include charitable giving in their estate plans. It may be due to not fully understanding their net worth or not knowing their legacy goals.

August 10, 2022

Estate Planning for Non-U.S. Citizens

Individuals who own property in the United States but who are not U.S. citizens, such as nonresident aliens and green card holders, need effective estate planning strategies to counteract this set of challenges. The primary challenge is that noncitizens are not qualified to exert the exemption for federal estate and gift taxes that citizenship provides.

August 8, 2022

How to Feel Young at Any Age

Age is a measure of time, but it does not require certain physical or mental limitations to be imposed at any certain time. Feeling young, energetic and free of pain can be a reality for many regardless of physical age if they follow certain steps.

August 5, 2022

Storage Options – Both Physical and Digital for Your Estate Planning Documents

There are two main objectives when it comes to the proper storage of estate planning documents – (1) preventing it from being lost or damaged; and (2) ensuring that it is accessible when needed. That accessibility may not always be after you pass away.

August 3, 2022

We are a local Estate Planning firm helping Maryland families plan ahead before a crisis happens. Creating Wills and Trusts by learning your unique story. A sound Estate Plan helps to protect and preserve assets during disability, incapacity, and at death. It may also minimize tax exposure and encourages families to plan inheritance during life and outside of the courts.

Office Address:

658 Kenilworth Drive, Suite 203
Towson, MD 21204

Phone: (443) 470-3599

E-mail : office@stoufferlegal.com

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