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Filing a Final Income Tax Return After the Death of a Loved One
When someone passes away during the most recent tax year, the person named as executor in the will (or if there is no will, the administrator of the estate appointed by the court) is responsible for filing all necessary income, estate and gift tax returns in the decedent's name.
September 3, 2020
Can a Bank Refuse to Honor a Financial POA?
A responsible family member executed a well-drafted and carefully thought through estate plan that included a financial power of attorney and now that family member has become incapacitated in some manner activating the POA. When the agent named under the power of attorney document approaches a financial institution to rightfully gain access to the information the agent may still run into issues.
August 28, 2020
Is It Possible to Legally Force an Elderly Family Member to Move to a Nursing Home?
When you get to a point where you fear for your loved one's safety and the elderly individual has refused to relinquish their independence, you may be forced to take legal action. Caregivers encounter many challenges when it comes to ensuring the well-being of those dependent upon their care.
August 27, 2020
Determining Which Assets Must Go Through the Probate Process
Probate is the court-supervised process of inventorying the assets and liabilities when someone dies and then satisfying creditors and distributing remaining assets to beneficiaries. The decedent’s will provides instructions for how this will be done; however, not all property is subject to disposition by will or the probate process.
August 26, 2020
Substance Abuse Among the Elderly
Seniors often jeopardize their health and succumb to patterns of unhealthy consumption of alcohol or misuse of prescription medication. Age-related changes in the body and chronic health conditions exacerbate substance abuse issues among the elderly.
August 25, 2020
How Do You Modify or Revoke a Will?
A last will and testament is not meant to function as a set-in-stone document, contrary to what many may think. Circumstances change. For example, you may get married or divorced, one of your intended beneficiaries may pass away, the size of your assets made drastically grow or shrink, or you may simply change your mind on how you want your assets distributed upon your death
August 20, 2020
A Roundup of Discounted Services for Seniors
Whether you are frugal by nature or by necessity, finding services for the best price always makes good financial sense. Many of today's seniors live on modest incomes from government assistance or small pensions.
August 20, 2020
How HIPAA Impacts Caring for the Elderly
The Health Insurance Portability and Accountability Act, commonly known as “HIPAA”, has a huge impact on providing care for loved ones. This federal law was enacted in 1996 to protect the privacy of individuals’ medical information.
August 12, 2020
Beware of Naming Co- Agents in your Power of Attorney Documents
Designating someone to act on your behalf as an agent using a power of attorney document is a serious decision. Clients typically choose a trusted family member to handle the responsibility of making health and/or financial decisions on their behalf.
August 10, 2020
Gift and Charity Planning in a Low Interest Rate Environment
Interest rates can change the outcome of most types of deferred gift strategies. For a GRAT, CLAT, CRAT, or sale to an IDGT, the particular interest rate can make the strategy work or cause it to fail.
August 7, 2020
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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