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Annapolis Estate Planning Attorneys

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What Should I Do With My Inheritance? (Audio)

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  "What Should I Do With My Inheritance?"  written by The American Academy of Estate Planning Attorneys, shared by Attorney Colleen Sinclair Prosser … [Read more...] about What Should I Do With My Inheritance? (Audio)

Special Needs Trusts

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  Special needs trusts are essential when a person with disabilities has assets to protect. Whether the person with the disability has funds, receives funds from a personal injury settlement, or receives funds and property as a gift, the money must be managed carefully. It also has to be owned in an appropriate manner so the assets do not prevent or threaten Medicaid eligibility or eligibility for … [Read more...] about Special Needs Trusts

How to Put Assets in the Name of Your Living Trust – Part One

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  Funding is the process of transferring assets into your Living Trust.  Think of your Living Trust as an empty box waiting to receive assets.  It offers no protection from probate until title to your property is actually in the name of your Living Trust.  I will explain in the next few blogs the way to change title to assets you already own and how to take title to new assets you purchase in the … [Read more...] about How to Put Assets in the Name of Your Living Trust – Part One

How to Put Assets in the Name of Your Living Trust – Part One (Audio)

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  "How to Put Assets in the Name of Your Living Trust - Part One" by Attorney Nicole Livingston … [Read more...] about How to Put Assets in the Name of Your Living Trust – Part One (Audio)

How Trust Administration Works Better Than Probate

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  Trust administration occurs when a person has created a trust as part of an estate plan and the trust creator passes away.  Assets held in the trust transfer through trust administration, rather than transferring through the probate process, and the steps involved in facilitating the transfer of trust assets are very different than in probate. In Maryland, trust administration has advantages … [Read more...] about How Trust Administration Works Better Than Probate

Do You Know Who Your Designated Beneficiaries Are?

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 It’s likely you already have a comprehensive estate plan in place and probably spent hours contemplating the decisions you made in your plan. You also placed a great deal of thought towards the distribution of your estate assets, your choice for executor of your Will, Trustee of your Trust, and guardian for your minor children. You covered everything right? Well maybe not. All too often, people … [Read more...] about Do You Know Who Your Designated Beneficiaries Are?

How Do I Protect My Digital Assets Through My Estate Plan?

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When we traditionally think about estate planning we think about wills and trusts and powers of attorney. We think about how these documents will help protect our assets, but often times the discussion of assets is limited to real estate and bank accounts. Today I want to introduce you to something that is becoming an increasingly important part of estate planning but one that is just as often … [Read more...] about How Do I Protect My Digital Assets Through My Estate Plan?

Maryland Fiduciary Access to Digital Assets Act (Audio)

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  "Maryland Fiduciary Access to Digital Assets Act" by Attorney Jon. J. Gasior … [Read more...] about Maryland Fiduciary Access to Digital Assets Act (Audio)

A Common Misunderstanding About Trust Distributions

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 One reason that is often given for not leaving inheritances in trust is that the parent wants the child or other beneficiary to be able to use the inheritance to buy a house, start a business, or invest for retirement.  This is a common misunderstanding.  Just because an inheritance is left in trust for a beneficiary does not prevent the inheritance from being used for these purposes. Your … [Read more...] about A Common Misunderstanding About Trust Distributions

Did you forget to sign up for our FREE Estate Planning Seminars – September 2016

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    THE ANNAPOLIS SEMINAR IS NOW FULL BUT WE HAVE PLENTY OF SEATS STILL AVAILABLE IN BOWIE, EDGEWATER AND CHESAPEAKE BEACH!  Sinclair Prosser Gasior is please to invite you to our upcoming Estate Planning Seminars in September of 2016.  To register visit https://spgasior.com/seminars/ or call (410) 573-4818 and (301) 970-8080. The presentation establishes the necessary components of an … [Read more...] about Did you forget to sign up for our FREE Estate Planning Seminars – September 2016

Can I Be Disinherited From An Estate?

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We all have seen courtroom drama play out on our favorite television show about how close family members are disinherited from receiving the family fortune. But then we wonder if that is really legal and will it be upheld? Estate planning attorneys often receive such inquiries during consultations and examine how to accomplish the client’s goals. In Maryland, if someone should pass without … [Read more...] about Can I Be Disinherited From An Estate?