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Category Archives: Estate Planning

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Estate Planning for Young People

By Frame & Frame, LLC |

Chances are that most people do not start thinking about estate planning until they are in their 40s and 50s. After all, by the age of 50, the average American has acquired or is close to acquiring his or her maximum net wealth and is reaching an age when medical issues are starting to… Read More »

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Estate Planning for Snowbirds

By Frame & Frame, LLC |

As retirement approaches, your mind may start wandering off to a warm beach, an isolated lake surrounded by wilderness, or downsizing to a small condominium and moving to be close to your children. The majority of people who reach the age of 61 say that they feel free to choose where they want to… Read More »

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What if You And Your Child’s Other Parent Both Die?

By Frame & Frame, LLC |

A Prince George’s County, Maryland, couple was killed by the driver of an SUV, who impatiently crossed the center yellow divider to pass two vehicles, then returned to the proper lane when it struck the couple’s car. The 31-year-old mother and 34-year-old-father left behind three young children. They were running an errand for some… Read More »

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Fiduciary Duties: Buying and Selling Stock

By Frame & Frame, LLC |

According to Forbes, one of the most common mistakes made during estate administration is failing to buy or sell securities during a good market (bull market) or bad market (bear market). For estate administrators who do not have experience in the stock market, this duty can be particularly challenging. However, it is the estate… Read More »

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Estate Planning for Minimizing Gift Taxation

By Frame & Frame, LLC |

Leaving behind money to your family, friends and other loved ones is a satisfying option for those with property to leave behind when they pass. However, for those with considerable assets, your property may be taxed heavily by the federal government if you do not take the appropriate estate planning steps to avoid excessive… Read More »

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Estate Planning as Part of a Long-Term Care Plan

By Frame & Frame, LLC |

As our older loved ones age, the truth is that they eventually may require long-term care assistance, such as living in a nursing home or assisted living facility. But how does this get paid for, let alone arranged? Estate planning is part of a successful long-term care plan in that it helps senior citizens… Read More »

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Why End-of-Life Planning Should be Included When Planning for Long-Term Care Expenses

By Frame & Frame, LLC |

It may seem like there are simply too many other tasks to take care of when you or a loved one’s health begins to fail them, but planning for long-term care during end of life planning is an extremely important step to take. Proper long-term care planning not only provides a plan forward, but… Read More »

GavelBooks

Do Small Business Owners Need a Financial Power of Attorney?

By Frame & Frame, LLC |

Estate Planning for Small Business Owners As the sole owner of your business, you have many responsibilities. From hiring and firing to administration work and maintaining your client relationships, your duties are as crucial to the survival of your company as they are varied. In the event that you have a medical emergency or… Read More »

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Probate Administration: Asset Identification

By Frame & Frame, LLC |

As an executor of a will, it is your fiduciary duty to identify all assets of the estate. Failing to do so can end in a personal lawsuit against you, which would of course further splinter family relations. During the process of grieving for the loss of your loved one, mistakes can easily be… Read More »

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Protect Your Family’s Future | An Exclusive Seminar for Masons on Thursday, April 26th

By Frame & Frame, LLC |

Tara Frame and Erica Redmond are giving a closed seminar to Masons on Thursday, April 26, 2018 at 7:30 pm. If you are interested in attending a similar seminar that is open to the public, please call 410-255-0373 and tell them you want to sign up for the next seminar on Protecting Your Family’s… Read More »

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