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Category Archives: Estate Planning

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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protect your pets if something happens to you

Creating an Estate Plan for Your Pets

By Frame & Frame, LLC |

What happens to your pet if something happens to you?  Naming a pet guardian has become a regular  part of the estate planning process for many.  In this article, we’ll show you how to create an estate plan for your pets. When a family crisis occurs, your pets can provide your family unconditional love… Read More »

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4.2.20

Five Myths About Living Trusts

By Frame & Frame, LLC |

There is a lot of mis-information circulating about estate planning, which is understandable given how complicated this area of law really is. Living trusts, for example, are one of the most commonly misunderstood aspects of estate planning, but this should not stop you from creating one, if that is what is in your best… 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 dementia, a… 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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Estate Planning

Five Common Estate Planning Mistakes

By Frame & Frame, LLC |

Estate planning is more complex than most people assume. Making a mistake during estate planning can drastically set you and your loved ones back, making it impossible to retire like you planned, or leaving your adult children with an unclear understanding of your inheritance wishes. These errors can be avoided by working closely with… Read More »

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Medicaid_6.4.20

Medicaid Planning Tips for Seniors and Their Families

By Frame & Frame, LLC |

When we talk about Medicaid planning, many people think that this is something that only needs to be considered for underprivileged people.  Quite the opposite is true.  Medicaid planning, sometimes also referred to as long-term care planning, is important for anyone that is going to need long-term care.  It is especially important for family… Read More »

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Women_EstPl

What Women Need to Know About Estate Planning

By Frame & Frame, LLC |

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 »

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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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