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Author Archives: Frame & Frame, LLC

EstPlan_6.30.19

The Dangers of Do-It-Yourself Wills

By Frame & Frame, LLC |

Creating a will by yourself or preparing estate planning documents without the advice of an attorney create a big risk. Online estate planning services are a popular choice for some people who believe they can save time and money by doing it themselves. While there may seem to be benefits by using an online… 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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EstPlan_12.11.19

What is Probate and Why Should I Care?

By Frame & Frame, LLC |

What is Probate and Why Should I Care? When an individual dies, unless, they have a trust, their assets first have to pass through probate before they can be transferred to beneficiaries. Probate is the legal process of validating a person’s will and making distribution pursuant to the terms of the will. During probate,… Read More »

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FamPlan_5.8.20

Family Protection Planning Right Now

By Frame & Frame, LLC |

During a crisis like COVID, many of us are dealing with health or financial issues.  However, some families mistakenly believe that only those with older family members need to be concerned with planning and protecting family assets.  But, protecting your family is important at any age, especially for those with younger children.  Unfortunately, most… Read More »

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estate plan v medicaid plan

Medicaid Planning is not Estate Planning

By Frame & Frame, LLC |

Does your estate plan protect assets from long-term care costs?  Does it include a strategy for long-term care?  Many people think that if they’ve done an estate plan, they have covered long-term care or Medicaid planning issues.  Nothing could be further from the truth.  Medicaid planning is not estate planning and you’ll need an… Read More »

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FamAsset_5.28.20

Is Your Family Inheritance at Risk for Probate?

By Frame & Frame, LLC |

If a family member dies, it is important to have a will in place to determine the disposition of the person’s assets and their final wishes.  Most wills must go through the probate process, before any assets are sold and any disbursements are made.  Probate is the official proving of a will in court…. Read More »

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Probate_10.25.19

When a Loved One Dies: What You Need to Know About Probate And Estate Administration

By Frame & Frame, LLC |

After a person dies, there are certain legal matters that must be handled to ensure that inheritances are appropriately handed down, taxes and debts are paid, along with other critical details. If you are the executor to the estate, you will greatly benefit from the guidance of an experienced probate and estate administration attorney… Read More »

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LGBT

Why Estate Planning is Critical for Those in The LGBTQ Community

By Frame & Frame, LLC |

Everyone needs an estate plan regardless of age, marital status, economic bracket, sexual orientation, or gender identity. Everyone in Maryland benefits by having a will, various trusts that are relevant to their specific needs, and a professional probate administrator to assist the executor of their will. However, there are a number of particular scenarios… Read More »

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EstPlan_11.6.19

If My Loved One Has a Will, Do I Have to go Through Probate?

By Frame & Frame, LLC |

According to Investopedia, “Probate is a legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person’s will or the estate of a deceased person without a will.” Before any assets can be distributed to beneficiaries, the executor… Read More »

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EstPlan_11.20.19

Why Estate Planning is Important for Young Families

By Frame & Frame, LLC |

Most young families are rushed for time. Between work, shuttling the kids between various events and appointments, and weekend family outings, there isn’t a lot of extra time left over by the end of the week. But, what would happen to your children or your spouse, if something unexpected happened to you? It’s not… Read More »

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