"Basics of Estate Planning: Asset Protection" by Attorney Colleen Sinclair Prosser When it comes to asset protection much depends upon whose assets you are looking to protect. If the assets are those that are coming to you by inheritance, the debtor, then typically, those can be protected completely. The debtor can protect their own assets in three general ways: 1) insuring against the … [Read more...] about Asset Protection
How Do I Keep My Private Affairs Private?
"How Do I Keep My Private Affairs Private?" by Attorney Victor A. Lembo (Audio) If you want to keep estate affairs private, the attorneys of Sinclair Prosser Gasior can identify legal tools to use and implement different strategies to transfer assets outside of probate. Probate attorneys represent executors of an estate, heirs or beneficiaries, and individuals who attempt to contest a will … [Read more...] about How Do I Keep My Private Affairs Private?
Maryland ABLE Accounts
"Maryland ABLE Accounts" by Attorney Jon J. Gasior (Audio) The ABLE Account is one of the most anticipated special needs planning tools of the last decade and is finally up and running in Maryland. On November 28, 2017, Maryland went live with their ABLE accounts. The Achieving a Better Life Experience Act was signed into law by President Obama in 2014. However, since the passage of the law … [Read more...] about Maryland ABLE Accounts
Two Common Mistakes with Trusts
"Two Common Mistakes with Trusts" by Attorney Nicole Livingston (Audio) Trusts are incredibly useful tools. But, like other useful tools, they do not fit every circumstance. They must be used appropriately. For example, a hammer is an exceptional tool to use when looking to drive a nail into a wall. But, if you hit the nail with a glancing blow, the nail will bend and you’ll end up with a … [Read more...] about Two Common Mistakes with Trusts
New Tax Bill Awaits President’s Signature
The new tax law has dominated political discussion for months and will likely continue to do so well into 2018. Consequences, both intended and otherwise, are still unclear. But for now, these are the big changes for both individuals and companies. In general, the changes to individual provisions expire at the end of 2025, but the corporate changes are permanent. Taxes for Individuals The … [Read more...] about New Tax Bill Awaits President’s Signature
Avoiding the Probate Process?
Sinclair Prosser"How to Avoid the Probate Process" by Attorney Victor A. Lembo In going through the probate process, personal representatives have important responsibilities in winding up the affairs of a deceased person's estate. Sinclair Prosser Gasior can offer assistance with all aspects of going through probate, from complying with various tax laws, to transferring property to new legal … [Read more...] about Avoiding the Probate Process?
Personal Representative: Managing tangible property
"Personal Representative: Managing Tangible Property" by Attorney Victor A. Lembo (Audio) After death, most estates must go through the probate process. The personal representative will need to manage the assets held within the estate, including physically going through the tangible property. Sinclair Prosser Gasior can provide guidance with this challenging task, as the personal … [Read more...] about Personal Representative: Managing tangible property
How Does a Spendthrift Trust Work?
"How Does a Spendthrift Trust Work?" by Attorney Jon J. Gasior (Audio) If you are thinking about leaving money to someone who isn't very good with managing financial matters, you may wish to consider using a spendthrift trust. A spendthrift trust is a powerful tool that makes it possible for you to protect a loved one from himself. If you have worked hard to build a legacy that you are … [Read more...] about How Does a Spendthrift Trust Work?
Celebrities and Estate Planning
"Celebrities and Estate Planning" by Attorney Jon J. Gasior (Audio) Celebrity estate planning is a complicated process because while celebrities who pass away are not The Walking Dead, like the zombies are on AMC's top-rated cable show... they are the "Earning Dead." Many celebrities who are no longer alive are continuing to earn millions of dollars annually. This raises complex questions … [Read more...] about Celebrities and Estate Planning
Dedicated Gardeners & Creative Spaces in Annapolis, MD
The exceptional Annapolis gardens featured in this year's tour are among the finest in the area. They include cozy cottage gardens, formal entry gardens, a whimsical farmhouse landscape and an elegantly striking Zen retreat. Sunday, June 4, 2017 10 a.m. - 4 p.m. rain or shine. www.mdhorticulture.org The 26th Annual Horticultural Society of Maryland Garden Tour. The exceptional Annapolis … [Read more...] about Dedicated Gardeners & Creative Spaces in Annapolis, MD
