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

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Strapped for Cash? Tempted to Take Out an Inheritance Loan? What You Need to Know

Due to the COVID-19 pandemic, unemployment rates in Maryland are at an all-time high which leaves many Maryland residents looking for ways to improve their cash flow. For those who are due an inheritance following the death of a loved one, it is possible to apply for an inheritance loan to receive cash to provide support and maintenance.

January 25, 2021

Can You Contest a Trust the Same Way You Contest a Will?

Most people know that under certain circumstances a Last Will and Testament may be contested by those with standing to contest. . A person who has standing to challenge a will is typically someone who is named on the face of the will (such as the beneficiary) or someone who is not the beneficiary, but who would inherit (or lose) under the will if the will is deemed invalid.

January 22, 2021

An Out-Of-Date Estate Plan Can Create Problems

An estate plan isn’t final because it needs to be occasionally adjusted to changing life experiences.

January 21, 2021

2021 Estate and Wealth Planning Outlook

At this time last year we could not have imagined a lot of what transpired in 2020. As a result, many Americans are experiencing high levels of anxiety surrounding issues of estate and financial planning.

January 20, 2021

Incorporating Intangible Assets into Your Estate Plan

Most people think of bank accounts, retirement accounts and real estate when they think about estate planning. Few realize that many other types of items can be passed down for future generations.

January 18, 2021

Tips for Making a Windfall Last

With baby boomers aging, a massive transfer of wealth will occur over the next 25 years. It is estimated that over 60 trillion dollars will transfer to future heirs of this generation.

January 15, 2021

Estate Planning Should Precede Remarriage

Remarriage late in life without proper estate planning can quickly cause problems with families and estates, according to New Hampshire Magazine in "Navigating Late-Life Remarriage."

January 14, 2021

Estate Planning for Clients with Cryptocurrencies

With the rise in popularity for investing in and holding on to various forms of cryptocurrency, it is important to understand how to incorporate these types of assets into your estate plan. Over 1000 different versions exist, the most popular of which being Bitcoin.

January 13, 2021

How to Hire an Estate Planning Attorney that Best Fits Your Needs

In a digital world of quick and easy templates, it may be tempting to cut corners and execute a do-it-yourself estate plan. Or it may seem like a good idea to use a friend of a friend who practices law or the law firm down the street to draft up your will and a power of attorney

January 11, 2021

Successor Trustees – How to Make a Smooth Transition

Living trusts serve many functions such as providing greater control over asset distribution, privacy, probate avoidance and tax benefits. All assets used to fund the trust are managed by the trustee for the benefit of the beneficiaries.

January 8, 2021

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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