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Monthly Archives: January 2020

LongTermPlan

FAQs About Long Term Care Planning

By Frame & Frame, LLC |

According to government statistics, a person who turns 65 years old today will have a 70 percent chance of needing long term care, at some point, during their remaining years. Women, on average, receive 3.7 years of long-term care, while men receive 2.2 years. Moving into a long-term care home or facility can be… Read More »

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EstatePlanning3

The Three Most Common Estate Planning Mistakes to Avoid

By Frame & Frame, LLC |

The majority of Americans are vastly unprepared when it comes to their estate plan and sadly, many more think that an estate plan is only for wealthy people. In fact, over half of Americans do not even have an estate plan in place, whether that is a simple will, a trust, or more, according… Read More »

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AgedBusinessWoman

A Comprehensive Guide to Wills, Trusts, and Probate

By Frame & Frame, LLC |

Every person, no matter your age, should have a will or trust to ensure that your assets and property are handed down as you see fit. Without a will or a trust, the state of Maryland may end up distributing your assets according to the law versus according to your wishes.. Many people believe… Read More »

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ElderLaw4

Signs That Your Parent Needs a Guardianship

By Frame & Frame, LLC |

As your parents age, you may realize that they seem to be more forgetful, such as forgetting to close the garage door, repeating stories, or not knowing what day of the week it is. These memory lapses often intensify over the years, and what begins as “senior moments” can quickly turn into full blown… Read More »

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EstPlan13

The New Maryland Spousal Effect Law – Changes You Need to Consider

By Frame & Frame, LLC |

A new law (Senate Bill 192/House Bill B99) also known as an Augmented Estate Law, was signed into law by Governor Hogan, and takes effect October 1st, 2020. This new law will likely have a profound impact on the finances of certain married couples, especially couples who have previous children, by another marriage. While… Read More »

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