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Do I Need a Revocable Living Trust?
Do you ever worry about how your beneficiaries will manage their portion of their inheritance when you pass away? One solution that allows you to still exert some control over your money–even after passing–is with a revocable living trust (RLT).
C19 UPDATE: CDC Recommends Care Plans for Both Older Adults and Caregivers
During the COVID-19 pandemic, having a care plan is an important part of emergency preparedness for older adults and their caregivers.
If Not Now, When? It is the Time for Estate Planning
Estate planning attorneys are getting mobbed with questions. Here is some timely advice from three attorneys on what families and business owners should be doing to prepare, in case the unimaginable happens.
Coronavirus Scams are Surfacing
While residents in Cecil County and throughout the state are taking precautions to safeguard themselves against COVID-19, some people are stealing or attempting to steal money through coronavirus-based scams, according to the Maryland U.S. Attorney’s Office.
Is Alzheimer Preventable?
As you get older, it’s natural to worry about developing dementia or Alzheimer’s disease. You may also fear having to care for a partner or parent who has one of those debilitating neurological disorders.
What Is the VA’s Plan for Long-Term Care for Baby Boomers?
In a hearing last week, lawmakers expressed eagerness to learn about the Department of Veterans Affairs’ plan to provide in-home and institutional long-term health care to a coming ‘silver tsunami’ of aging Baby Boomers.
Why are Some Grocery Stores Taking Steps to Protect Older and Vulnerable Customers?
As supermarkets frantically work to restock shelves and calm panicked shoppers, some stores are taking steps to protect older and vulnerable customers, who may be at the greatest risk from the novel coronavirus.
The Coronavirus and Estate Planning
The rapidly evolving coronavirus (COVID-19) crisis is creating a plethora of unique estate planning and legal challenges across the globe, particularly given the volatility of the financial markets.
Surprising Ways Beneficiary Designations Can Damage an Estate Plan
During the estate planning process, these beneficiary designations are reviewed to ensure that the beneficiaries are correct, and that the distribution of these assets conforms with the client’s intended estate plan.
C19 UPDATE: IRS Postpones Gift and GST Tax Filing Deadline to July 15
The Internal Revenue Service is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15, 2020, because of the novel coronavirus pandemic.
