Tag: trusts

When you are considering estate planning, you may ask family or friends for advice.  But, there is a lot of misinformation circulating about estate planning, which is understandable given how complicated this area of law really is.   In this article, we discuss five myths about living trusts and what you can do to ensure that… Continued

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 their… Continued

Generational wealth planning is a multifaceted and forward-thinking approach to financial management that transcends individual lifetimes. It aims to preserve wealth and assets while passing them down through multiple generations. Beyond the financial aspects, it involves instilling values, financial literacy, and responsible stewardship of resources. In this article, we will delve into the concept of… Continued

In the realm of estate planning and passing on one’s legacy, there exists a unique and profound tradition known as legacy letters or ethical wills. Unlike legal documents that distribute assets, these heartfelt letters are designed to pass down a different kind of wealth—the wealth of wisdom, life lessons, and personal stories. In this article,… Continued