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5 Costly Mistakes to Avoid When Creating a Special Needs Trusts
A special needs trust (SNT) is a unique type of trust document that manages assets for a person with disabilities. A trustee will oversee the assets and make financial decisions according to the terms in the trust.
September 3, 2021
Respite Care Options for Caregivers
Respite care is substitute care when a caregiver needs a break. If possible, these breaks should be scheduled regularly, giving the caregiver time to rest. It can be for a short period like a day or a few hours or for the purpose of giving the caregiver a vacation.
September 2, 2021
Legal Remedies Available When a Family Member Suffers from Addiction
Addiction not only impacts the person suffering from the addiction but the entire family. Unfortunately, in Maryland the statistics involving drug use and death due to overdose are getting worse not better.
September 1, 2021
The Impact of Hearing Loss on Dementia
Studies now substantiate the claim that adults with hearing loss are significantly more likely to develop dementia than those with hearing in normal ranges. On a positive note, treating hearing loss at the earliest onset and with more aggressive measures may stave off dementia.
August 30, 2021
5 Steps to Properly Administering a Maryland Estate
After someone passes away, the court will appoint a person to administer the estate through the probate process. This person was most often selected by the decedent to serve by naming him or her as executor or personal representative in the will.
August 27, 2021
Leaving the Family Home: How to Start the Conversation
Jane lived alone after her husband died and the kids moved away. She started to forget things, like putting the kettle on to boil and coming back to find the stove on fire. This, together with her diabetes and osteoporosis, seemed to Jane’s daughter Carolyn like a fast-approaching crisis. It was time to talk about Jane moving into a retirement community.
August 26, 2021
Storing Health Care Directives Safely Online
As more Maryland residents become confident using online banking, keeping personal calendars on mobile phones and using devices like Alexa in the home, it may still be concerning to have personal medical information online. Many medical files tend to be physical paper files either stored in home offices or with medical providers.
August 25, 2021
Including a Letter of Intent in Your Estate Plan for a Child with Special Needs
A letter of intent is not a legally binding document; however, it may be the most valuable component of your estate plan as you prepare for the future well-being and maintenance and support of a future heir with special needs. The letter of intent is extremely detailed. Many of these letters end up being around 50-60 pages in length.
August 20, 2021
Prenups: Not Just For Movie Stars
George and Ginny had a great marriage, with an extended family to whom they wanted to leave everything when they passed. Unfortunately, Ginny was then diagnosed with cancer.
August 19, 2021
Unclaimed Inheritances – Reuniting Maryland Residents with their Rightful Assets
After someone passes away, the estate of the decedent will be administered through the probate courts. In most cases, the assets will be discovered, inventoried and eventually distributed to the rightful beneficiaries.
August 18, 2021
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