3 Smart Trust Strategies That Provide Asset Protection for an Inheritance
Apr 07, 2013
A growing number of wealthy parents are concerned about how their children will handle a large inheritance, and are structuring smart trusts to protect their assets. Some of the most effective ways to ...
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How Retirement Tax Changes Affect Planning
Apr 07, 2013
Most retirees are well aware of how their income changes in retirement, but many do not know how their taxes change as well. Take the following into consideration when executing a retirement plan:
Inco...
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12 Questions to Consider When Planning for Retirement
Mar 05, 2013
When planning for retirement, the biggest question for most people is: When should I retire? Determining the best time for you to retire involves a number of factors, each tied to your own individual c...
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Maryland Elder Law: Red Flags for Spotting a Financial Scam
Mar 05, 2013
Financial fraud continues to rise in the U.S., and many of its victims are the elderly. Look for these red flags that could signal a potential financial scam:
If you are asked for any personal informa...
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Why Estate Planning is a Process
Dec 29, 2012
When your life changes, your estate plan needs to change with it, which is why estate planning is a continual process. To make sure that your estate plan is always up to date, here are a few things to ...
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Funding Your Retirement When You’ve Taken a Financial Hit
Dec 22, 2012
Due to the financial crisis of the past few years, many people are starting all over, and plenty of those people borrowed from themselves. Restoring funds in 401(k)s, IRAs, and other sources like mutua...
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Getting a Divorce? Don’t Forget to Update Your Estate Plan!
Nov 10, 2012
An Annapolis estate planning attorneyshares these tips for helping elderly parents manage their finances:
Plan early. If you have a parent over the age of 70, have a talk with them about what they want...
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How to Help Elderly Parents Handle Finances
Nov 07, 2012
An Annapolis estate planning attorneyshares these tips for helping elderly parents manage their finances:
Plan early. If you have a parent over the age of 70, have a talk with them about what they want...
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How Boomers Can Achieve Retirement Goals: Plan!
Nov 07, 2012
More than 10,000 baby boomers turn 65 every day, and recent research provides some interesting statistics about this generation entering their retirement years:
Baby boomers are now 26.1 percent of th...
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Maryland Court Rules Yacht Tax Deduction Case Doesn’t Hold Water
Aug 25, 2012
In a recent ruling in Estate of Robert S. Bowen v. United States, the U.S. District Court for the District of Maryland denied the estates motion for reimbursement of 2006 taxes, saying that the estates...
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