Recent Blog Posts
How is Child Support Calculated in Maryland?
Child support is a crucial financial tool for tens of thousands of children and their custodial parents across the state of Maryland. Ensuring that the amount of child support is legally adequate, and that it is paid on time, is important. But how is child support calculated? Child support is based on the following… Read More »
What Women Need to Know About Estate Planning
Whether you are single, married, or living with a long-term partner, estate planning is a very important process for women. With many more women serving as breadwinners for their household, getting divorced, or living with a long-term partner, it is more important than ever for women to be informed and educated regarding the ins… Read More »
What If I’m In an Accident in Someone Else’s Car?
Annually, over 500 people are killed in traffic collisions in Maryland, according to the National Highway Traffic Safety Administration (NHTSA). Additionally, around 50,000 people in Maryland are injured in crashes each year, according to the Maryland Department of Transportation. If you are involved in a crash, particularly if you are in someone else’s car,… Read More »
FAQs About Long Term Care Planning
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 »
The Three Most Common Estate Planning Mistakes to Avoid
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 »
A Comprehensive Guide to Wills, Trusts, and Probate
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 »
Signs That Your Parent Needs a Guardianship
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 »
The New Maryland Spousal Effect Law – Changes You Need to Consider
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 »
What Happens if You Have an Accident With an Uninsured Driver
Driving is a privilege that may come with serious risks. Distracted driving and uninsured drivers are all too common. Wired estimates the average driver uses their phone for 88 percent of trips, despite research showing just how dangerous talking and texting on the phone is while driving. 80 percent of drivers also admit to… Read More »
What is Probate and Why Should I Care?
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 »