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Category Archives: Estate Planning

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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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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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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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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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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EstPlan_9.30.19

Adult Children Should Ask Their Parents About Their Financial Plans

By Frame & Frame, LLC |

It can feel strange for an adult child to ask their parents about their financial plans, but it is a conversation that not enough children broach. Eventually, you’re the finances of your parents will affect your own, especially if they have not created or updated their estate plan. Do they have a will? Have… Read More »

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EstPlan_8.15.19

A Marital Trust Allows You to Financially Protect Your Spouse Tax Free

By Frame & Frame, LLC |

A marital trust enables you, the grantor of the trust, to set aside assets and property for your spouse if you die before he or she does. These assets can include stocks, bonds, mutual fund accounts, bank accounts, real property, and more. A marital trust also allows you to pass these assets over to… Read More »

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EstPlan_7.31.19

There is a Push to Update Funeral Home Pricing

By Frame & Frame, LLC |

Are funeral home prices rising? It’s difficult to answer this question because funeral homes do not publish their prices online or anywhere else. That may change soon, as federal regulators are scheduled to look into the rule that governs how funeral homes publically share pricing information, according to the New York Times. Many consumer… Read More »

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