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Distributing Personal Property to Heirs After You Pass Away
When helping clients create estate plans, we cover a wide range of issues such as wills, trusts, power of attorney documents, advance directives and retirement beneficiaries. We also delve into real and personal property including homes, vehicles, furnishings, collectibles and more.
May 17, 2021
7 FAQs About Maryland Probate
When someone passes away, the person named as the personal representative under the deceased’s will is required to follow certain procedures. Those procedures include providing notice to creditors, paying debts in a certain order and distributing remaining assets to beneficiaries.
May 14, 2021
Why May is Special for Elder Law Attorneys
May is National Elder Law Month, as designated by the National Academy of Elder Law Attorneys. It is a way to acknowledge the profession that supports seniors and their families with all of their planning needs.
May 13, 2021
Estate Planning for College Kids
It is that time of year for high school seniors to march across the stage (maybe virtually this year) and get a diploma. Many of these students will head off to various colleges in the fall.
May 12, 2021
FDIC Insurance Limits for Trust Accounts
The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by Congress to maintain stability and public confidence in the nation’s financial system. The FDIC insures up to $250,000 per depositor in eligible accounts.
May 10, 2021
Accessing a Deceased Person’s Digital Assets
After someone passes away, the estate administrator is tasked with finding and inventorying all of the decedent’s assets. In years past, the administrator would gather mail for a few months and use the financial statements collected to access bank accounts.
May 7, 2021
You May Not Need a Long, Extensive Estate Plan
There are some things you need to do, even if you don’t think you need an estate plan. Your assets do not generally go where you want them to go when you pass away, unless you have an estate plan, according to Fidelityin "Estate planning must dos."
May 6, 2021
New Augmented Estate Law Increases Spouse’s Right as a Beneficiary
A new augmented estate law, also known as the new elective share law, was signed into law by Governor Hogan and became effective October 1, 2020. This new law may significantly impact the finances of many Maryland families who fail to initiate proper estate planning techniques to circumvent some unintended results that may occur under this law without proper planning.
May 5, 2021
Pet Trusts – Planning for Your Pet’s Care
We love our pets and cherish their roles in our lives more than ever during a pandemic. Planning for your pet’s care in the event of your death or incapacity can provide tremendous peace of mind.
May 3, 2021
Ugly Truth About Godparents
Many parents in the Christian faith appoint close friends or family members as Godparents of their baby during the baptism or christening service. These Godparents promise to bring the child up in the faith and love and protect the child. Most find that being asked to be a Godparent is a treasured honor and take the role very seriously.
April 30, 2021
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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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658 Kenilworth Drive, Suite 203
Towson, MD 21204

Phone: (443) 470-3599

E-mail : office@stoufferlegal.com

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Stouffer Legal, Elder Law Attorney, Towson, MD