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What Happens When the Gift and Estate Tax Exemption Gets Drastically Lower?
Proper estate planning may be necessary to ensure you take full advantage of the current high exemption amounts and do not negatively impact your legacy when the exemption amount decreases. The federal exemption amount will decrease after December 31, 2025.
March 7, 2022
How to Care for Your Pet(s) After You Pass Away
The state of Maryland recognizes pet trusts if they are set up properly. A pet trust is a legal instrument, funded by assets, that specifies how your pet should be cared for should you die or become disabled.
March 3, 2022
The 4 Parts of Medicare
Back to the basics – what exactly is Medicare and its 4 parts, A, B, C and D? Medicare was established by the federal government as a health insurance program for people age 65 and older. The program does not cover all medical expenses or the cost of long-term care.
February 28, 2022
What is a Non-Grantor Trust?
With tax season in full swing and the filing deadline approaching, many wonder how trusts are taxed. That depends on the type of trust.
February 25, 2022
Understanding Hospice Care
Hospice care can be very difficult for families to come to terms with, but can be a beneficial care option for those caring for a terminally ill loved one. The purpose of hospice care is to provide comfort and quality of life for a terminally ill person.
February 24, 2022
Using Life Estates in Estate Planning
A life estate is an interest in land measured by the duration of a human life. A form of joint ownership, a life estate gives the life tenant ownership rights during his or her lifetime, but when the life tenant dies, the remainder interests goes to a remainderman beneficiary.
February 23, 2022
Introducing Games Like Wordle to Seniors
Keeping our minds active in our later years has been shown to stave off cognitive decline. Lots of fun games exist to help with this mission. The latest to grow in popularity is Wordle.
February 21, 2022
Signs Your Elderly Loved One Should No Longer Be Behind the Wheel
Driving in urban parts of Maryland has become increasingly difficult in recent years. With upticks in population leading to more crowded roads and highways, frustration and road rage is rampant.
February 18, 2022
How Living Trusts Can Help Seniors
It’s an unfortunate fact that seniors can be prime targets for financial abuse and scams. Sadly, the elderly are often taken advantage of by strangers — and sometimes even their own family members.
February 17, 2022
Estate Planning for Visual Artists
Additional considerations may be necessary for visual artists creating estate plans. While artists will need many of the same services provided to others such as creating a will and/or trust, incapacity planning and business succession planning, they also need some of these additional services:
February 16, 2022
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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.

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Stouffer Legal, Elder Law Attorney, Towson, MD