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Category Archives: Estate Planning

TPlanning

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 »

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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 »

Charity

Using a Trust to Give to a Charity

By Frame & Frame, LLC |

Giving to a charity after death is one of the best ways to leave a lasting, beneficial mark on the world once you are gone. The type of estate plan best suited to your needs depends on how much you wish to leave behind for your loved ones, your total value of your assets,… Read More »

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Do Not Resuscitate Order

By Frame & Frame, LLC |

For some, one of the most important aspects of their estate plan is a Do Not Resuscitate order, more commonly referred to as a DNR. A DNR tells emergency personnel or hospital staff not to attempt revival in the event that you experience respiratory failure or cardiac arrest. You or your healthcare guardian, as… Read More »

Money

Estate Planning for Cryptocurrency

By Frame & Frame, LLC |

Cryptocurrency is so new that many investors (people that own cryptocurrency) forget to include it in their will or trust. In fact, Bitcoin, which was the first successful cryptocurrency, only began in 2009, according to Forbes, and it was not until 2010 that it was first sold by an investor. One person sold 10,000… Read More »

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Life Insurance and Probate

By Frame & Frame, LLC |

When a Life Insurance Policy Must Go Through Probate A beneficiary must be named with the insurance company for the life insurance policy to be paid out. Unlike other types of assets, such as real estate or the money in a bank account, a will alone will not suffice when it comes to life… Read More »

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