Options for Paying for Long Term Care by Attorney Paula M. Mattson-Sarli … [Read more...] about Your Estate Matters – Audio
I have a Living Will, why do I need a Healthcare Power of Attorney?
Knowing what your Healthcare Estate Planning Documents are and how they each play a vital role in the success of your plan is important. In our firm we have a number of documents that we include in every estate planning package and there’s a very good reason for it. You need each one. I have heard before, “I have a Living Will, why do I need a Healthcare Power of Attorney?” A Living Will or … [Read more...] about I have a Living Will, why do I need a Healthcare Power of Attorney?
Gifting – A Powerful Estate Planning Tool in Maryland
While we know the act of giving is a very personal thing, gifting part of your estate to lower your estate taxes may be a good idea. In Maryland gifting is a very powerful estate planning tool and the results can be rewarding. Unlike the Federal Estate tax, when you transfer assets out of your Maryland estate, the asset is not brought back into your estate for Maryland estate tax … [Read more...] about Gifting – A Powerful Estate Planning Tool in Maryland
Understanding Incapacity Planning, Part 2
If you have yet to begin your incapacity planning, now is the time to do so. Don’t allow your fears, uncertainty, or busy lifestyle, keep you from planning. Without incapacity planning in place, you will have no control; the court will take charge. Please take a look at answers to the following frequently asked questions, to better understand this planning technique. If you have any … [Read more...] about Understanding Incapacity Planning, Part 2
FAQ: Understanding Incapacity Planning (Part 1 of 2)
Incapacity planning is an estate planning technique that every adults needs if he or she wants to stay in control of medical decisions and finances; however, it’s often overlooked. Take a look at answers to the following frequently asked questions, to learn more. If you have any questions, or if you’d like to implement incapacity planning, contact an estate planning attorney. What types of … [Read more...] about FAQ: Understanding Incapacity Planning (Part 1 of 2)
Your College Student Needs His Own Estate Plan Before He Goes Back to School
You’re probably shocked that your child is old enough to be in college, let alone need an estate plan. Shocking, but true. Each and every person, age 18 and older, needs an estate plan. It’s likely that your college student’s estate plan will be very basic, but it’s important nonetheless. Your child needs his own estate plan because, legally, he is an adult. This means that you are unable … [Read more...] about Your College Student Needs His Own Estate Plan Before He Goes Back to School
MOLST: Medical Orders for Life Sustaining Treatment
Effective October 1, 2011, MOLST forms must be completed for all individuals admitted to nursing homes, assisted living facilities, hospices, home health agencies, and dialysis centers and for certain individuals admitted to hospitals. It may also be completed for anyone who wants limitations on CPR or life-sustaining treatments in any setting. What MOLST Does: A MOLST form contains medical … [Read more...] about MOLST: Medical Orders for Life Sustaining Treatment
Things to Consider Before Starting Your Estate Plan
During the process of creating your estate plan, you will be forced to make difficult decisions. It’s important to take the time to think about your decisions carefully. Take a look a look at the following list so that you know what you’ll need to consider before starting your estate plan. If you have any questions, please consult with an estate planning attorney. What do you want to … [Read more...] about Things to Consider Before Starting Your Estate Plan
