The spousal elective share is a holdover from English common law. It is derived from the idea of dower or curtesy. The idea behind an elective share is that if one spouse disinherits the other, the surviving spouse may still elect to receive a portion of the deceased spouse’s estate. Currently in Maryland if there are surviving children, the spouse may elect to take 1/3 of the deceased spouse’s … [Read more...] about What Is The Spousal Elective Share?
What Are My Options in Distributing the Inheritance I Leave To My Heirs?
What Are My Options In Distributing The Inheritance I Leave To My Heirs?" by Attorney Nicole Livingston … [Read more...] about What Are My Options in Distributing the Inheritance I Leave To My Heirs?
David Bowie – His Legacy Behind the Music
When David David Bowie passed away from cancer on January 10, 2016, we lost an icon whom had far-reaching effects into the world of music and culture. However, we gained some valuable lessons from his profound business and estate planning. After David Bowie married his second wife, supermodel Iman, he moved to New York and strategically planned out his financial legacy. Although he had … [Read more...] about David Bowie – His Legacy Behind the Music
David Bowie – His Legacy Behind the Music
"David Bowie - His Legacy Behind the Music" by Attorney Victor A. Lembo … [Read more...] about David Bowie – His Legacy Behind the Music
How Do My Estate Planning Documents Work In the Event of My Incapacity?
"How Do My Estate Planning Documents Work In the Event of My Incapacity?" Attorney Jon J. Gasior … [Read more...] about How Do My Estate Planning Documents Work In the Event of My Incapacity?
How to Prepare for an Appointment with an Estate Planning Attorney
You have scheduled your first initial consultation with your estate planning attorney. What should you do to prepare for this meeting to be the most efficient use of your time and the attorney’s time? Estate planning is all about you and your family and your assets. One of the first questions you can expect your attorney to ask you is who the members of your family are. Your family may … [Read more...] about How to Prepare for an Appointment with an Estate Planning Attorney
How to Prepare for Your Appointment with an Estate Planning Attorney
"How to Prepare for Your Appointment with an Estate Planning Attorney" by Attorney Nicole Livingston … [Read more...] about How to Prepare for Your Appointment with an Estate Planning Attorney
The Maryland Trust Act
The new Maryland Trust Act (hereinafter “MARYLAND TRUST ACT”) took effect on January 1, 2015 and is applicable to existing and new trusts. Therefore, it is retroactive to all trusts, regardless of whether the documents were executed prior to this date. Maryland now joins a large number of other jurisdictions, including Virginia and the District of Columbia, in enacting its statutory authority to … [Read more...] about The Maryland Trust Act
The Maryland Trust Act (Audio)
"The Maryland Trust Act" by Attorney Victor A. Lembo … [Read more...] about The Maryland Trust Act (Audio)
A Pre-Nuptial Can Be A Significant Estate Planning Tool
If you are contemplating marriage, you probably have heard of a pre-nuptial agreement but may not be sure if such an agreement is right for you. Since many of my clients are older and have acquired valuable assets, a pre-nuptial agreement is a means of clarifying marital expectations such as how expenses are to be paid, how assets are to be distributed after someone dies, and whether the new … [Read more...] about A Pre-Nuptial Can Be A Significant Estate Planning Tool
