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Home / Archives for Trusts

Top Ways to Avoid Probate

February 21, 2019 by Jon J. Gasior, Estate Planning Attorney

Top Ways to Avoid Probate by Attorney Jon J. Gasior (Audio) A comprehensive estate plan should accomplish much more than just creating a road map for the distribution of your estate assets after you have passed away. In fact, a well thought out estate plan often includes numerous inter-related goals and objectives. Among the most common of those additional goals is probate avoidance. If … [Read more...] about Top Ways to Avoid Probate

Filed Under: Probate avoidance, Trusts

Does a Living Trust Allow You To Avoid Estate Tax?

November 2, 2018 by Alexander M. Pagnotta, Estate Planning Attorney

millersville living trust attorneys

"Does a Living Trust Allow You to Avoid Estate Tax?" by Attorney Alexander M. Pagnotta One common question that arises when people are creating a living trust is whether or not this type of trust can provide protection from estate tax.  It's important to realize that while a living trust does allow you to transfer assets outside of the probate process, this does not mean that putting wealth … [Read more...] about Does a Living Trust Allow You To Avoid Estate Tax?

Filed Under: Trusts

Why Your Heirs Would Prefer Trusts

July 24, 2018 by Alexander M. Pagnotta, Estate Planning Attorney

Bowie trust attorneys

"Why Your Heirs Would Prefer Trusts" by Attorney Alexander M. Pagnotta Estate and trust attorneys can provide you with assistance creating a trust so you are able to provide your heirs or beneficiaries with an inheritance is the simplest and most effective way possible. Trusts provide important protection for you and your loved ones during the course of your lifetime and after your death, but … [Read more...] about Why Your Heirs Would Prefer Trusts

Filed Under: Trusts

Five Reasons to Create a Living Trust Today

January 25, 2018 by Jon J. Gasior, Estate Planning Attorney

living trust lawyer

"Five Reasons to Create a Living Trust Today" by Attorney Jon J. Gasior  (Audio) A living trust attorney can help you to determine if you should create a trust. Living trusts are versatile and valuable legal tools that are often part of estate plans and incapacity plans.  They can be used to protect your wealth and to protect your loved ones, although there are some limitations associated with … [Read more...] about Five Reasons to Create a Living Trust Today

Filed Under: Trusts

What Should You Expect as a Trust Beneficiary?

September 14, 2017 by Colleen Sinclair Prosser, Estate Planning Attorney

trust attorneys

"What Should You Expect as a Trust Beneficiary" by Attorney Colleen Sinclair Prosser Annapolis trust attorneys provide representation to trust creators, or trust settlors as they are also called. Our legal team helps those who are interested in creating a trust to decide on the right trust type, to follow legal formalities for trust creation, and to create a legally valid trust document. … [Read more...] about What Should You Expect as a Trust Beneficiary?

Filed Under: Trusts

Should You Tell Your Kids if You’re Leaving them Money in a Trust?

August 17, 2017 by Colleen Sinclair Prosser, Estate Planning Attorney

Annapolis Trust Attorneys

"Should I Tell My Kids that I am Leaving Their Inheritance in a Trust?" by Attorney Colleen Sinclair Prosser (Audio) Annapolis trust attorneys help you if you are creating a trust for your children. Many parents will create a trust in order to provide for children who are not 18 at the time that they will inherit. If you pass away before your kids become adults, making a trust is important if … [Read more...] about Should You Tell Your Kids if You’re Leaving them Money in a Trust?

Filed Under: Trusts

3 Mistakes Trust Attorneys Help You Avoid

July 6, 2017 by Jon J. Gasior, Estate Planning Attorney

Annapolis trusts lawyer

"Mistakes Trust Attorneys Help Your Avoid" by Attorney Nicole Livingston An Annapolis trusts lawyer provides you with help in making sure you choose the right type of trust and making sure you follow Maryland laws for trust creation. Trusts are powerful legal tools that can do many different things for you, including providing strong protection for assets. You cannot afford to make mistakes when … [Read more...] about 3 Mistakes Trust Attorneys Help You Avoid

Filed Under: Trusts

How Does a Spendthrift Trust Work?

March 30, 2017 by Colleen Sinclair Prosser, Estate Planning Attorney

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 going to leave to your family members, you don't want someone's … [Read more...] about How Does a Spendthrift Trust Work?

Filed Under: Trusts Tagged With: fiduciary duty, living trusts, Maryland Attorney Colleen Sinclair Prosser, Maryland Estate Planning and Elder Law Attorneys, Medicaid Planning, probate, Special Needs Planning, spendthrift trust, Trust Administration, wills

“How Does a Spendthrift Trust Work?” (Audio)

March 28, 2017 by Colleen Sinclair Prosser, Estate Planning Attorney

"How Does a Spendthrift Trust Work?" by Attorney Colleen Sinclair Prosser … [Read more...] about “How Does a Spendthrift Trust Work?” (Audio)

Filed Under: Trusts Tagged With: Estate Planning and Elder Law Attorneys SinclairProsser Law, Maryland estate planning attorneys, spendthrift trusts, wpdiary.net/sinclairprosserlaw

What is an In Vivos Trust and Do You Need One?

December 2, 2016 by Jon J. Gasior, Estate Planning Attorney

inter vivos trust

An inter vivos trust is a living trust. It is a trust that you make during your lifetime and that involves transferring assets into the trust and naming a trustee to manage those assets. Usually, the trust creation or settlor is the initial trustee and a backup trustee is named. Trust beneficiaries who will inherit the living trust after the death of the settlor are also named.  An inter vivos … [Read more...] about What is an In Vivos Trust and Do You Need One?

Filed Under: Trusts

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We initiated estate planning following a presentation by Sinclair Prosser Attorney Jon Gasior. We were so impressed, we contracted with them to complete our estate planning. Subsequently, we assembled information on our assets and Sinclair Prosser Gasior did the rest. Correspondence was communicated to our financial institutions and the estate was established. We were very pleased with the courteous manner of the Sinclair Prosser Gasior staff. However, it was their professionalism that made us satisfied we chose this firm to handle our estate. We have nothing but praise for Sinclair Prosser Gasior .

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