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Annapolis Estate Planning Attorneys

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Your Estate Matters – I have a Living Will. Why do I need a Health Care Power of Attorney?

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Don't forget to tune in today to WNAV Radio on 1430 AM or 99.9 FM @ 3:50pm to listen to Your Estate Matters. Today's topic "I have a Living Will. Why do I need a Health Care Power of Attorney?" with Attorney Paula M. Mattson-Sarli. … [Read more...] about Your Estate Matters – I have a Living Will. Why do I need a Health Care Power of Attorney?

Make Sure YOUR Estate Goes to the People You Love!

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Instead of the IRS, Probate Court or a Nursing Home. Attend a FREE SEMINAR to Find Out How a Proper Estate Plan Can Benefit Your Family... ...Seating is limited so follow the link to reserve yours today! https://spgasior.com/local/estate-planning-seminars.aspx. … [Read more...] about Make Sure YOUR Estate Goes to the People You Love!

Considerations When Making Beneficiary Designations

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One do-it-yourself estate planning strategy is to make beneficiary designations on your bank accounts.  The benefit of beneficiary designated accounts is that they go to whom you name at the time of your death with little more than a death certificate and proof of identification.  This is an option that is often implemented to avoid probate. In our firm, we believe that the Revocable Living Trust … [Read more...] about Considerations When Making Beneficiary Designations

Considerations about Joint Tenancy

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Have you ever had a neighbor or a friend tell you to make it simple and just add your child's name to the deed of your house?  When you die the home will pass automatically to the child without the need for probate.  Well that is true.  If you add your child to the title of your house as a joint tenant with rights of survivorship at your death, your home will immediately transfer to your child and … [Read more...] about Considerations about Joint Tenancy

Be Prepared for Your Estate Planning Consultation

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During the estate planning process, your estate planning attorney will ask you to answer questions and you, in turn, will have many questions of your own.  This line of communication is important in the designing, drafting, and implementation of your estate plan. Just like a medical doctor needs to know your background and symptoms, your attorney needs to know your background and legal … [Read more...] about Be Prepared for Your Estate Planning Consultation

Medicaid – Long Term Care

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Last year, the Department of Health & Mental Hygiene and Department of Human Resources collaborated to develop strategies to address the delayed processing of long term care applications.  The Deficit Reduction Act of 2005 lengthened the 36 month look-back period for initial long term care applications to 60 months prior to the month of the initial application.  This resulted in an increased … [Read more...] about Medicaid – Long Term Care

Read Your Deed!

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The way you choose to title your property can have far-reaching consequences.   Not only are there different ways to hold property but your ability to control the property may be limited and you may not even realize it. One way to hold title is as “Tenants in Common”. I often see this type of titling used when siblings or heirs inherit property from the settlement of an estate.  What makes … [Read more...] about Read Your Deed!

Six Reasons Most People Need an Estate Plan – Part 2 of 2

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If you haven’t yet taken the time to create an estate plan, you may assume that you don’t really need a plan.  Many people incorrectly assume that a plan is not needed; but, the truth is, it is!  Take a look at 3 more reasons why most people need an estate plan.  If you have any questions, or if you’d like to commit to your estate plan affairs, contact an estate planning attorney. A plan makes … [Read more...] about Six Reasons Most People Need an Estate Plan – Part 2 of 2

Six Reasons Most People Need an Estate Plan, Part 1of 2

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If you haven’t taken time to consider the use of an estate plan, you may have been unsure whether you actually need a plan.  The truth is most people do need a plan.  Without a plan, there is no protection in place for the future.  Take a look at the following 6 reasons why most people do need a plan.  If you have any questions, or if you’re ready to create your estate plan, contact an estate … [Read more...] about Six Reasons Most People Need an Estate Plan, Part 1of 2