Your spouse may be the first person you think of to name as an heir in your will, and they may be the person you trust most to serve as power of attorney or health care agent. You might not predict when you write your will that you might divorce, but national...
firm news
Workers’ compensation deadlines: 10 days, 60 days, two years
It can be easy in the aftermath of a major on-the-job injury to be highly focused on your recovery and simply getting back to work. Still, you do not want to give up your right to pursue workers’ compensation benefits by missing important notification and filing...
Some basic concepts about wills—and why you need one
The starting point for most people in Maryland who are interested in estate planning is to understand wills and how they are part of a comprehensive estate plan. The fact is that wills are usually the bedrock of any given estate plan, so this is a good starting point....
Watch out for trucks during winter weather
Most people do not like driving in winter weather. Snowy, slushy and icy roads cause drivers stress and often lead to dangerous accidents. The presence of large trucks on Maryland’s busy roads can increase your anxiety as you drive in wither weather. If the weather...
What exactly does an executor do?
Deciding to draft a will is a wise and responsible decision. Having a will can save your family members time and reduce the chance of family conflict. When you set up your will in Maryland, you must appoint and executor. An executor is a person who is legally...
Remembering important estate planning documents
Although many people in Maryland are aware of the importance of having an estate plan in place for the sake of their loved ones, it is no secret that many Americans put off the process or forget the importance of keeping existing documents up to date. This can apply...
How does workers’ compensation cover workplace injuries?
Injuries that occur on the job are usually the result of either single event trauma or a chronic condition that develops over time, which can take years to manifest. Some professions pose greater risks to workers, such as in the construction and transportation...
Wealth is not a requirement for trust funds
The advantages of trusts are not restricted to the rich. Trust funds may be an effective estate planning device for anyone who wants to assure that their assets are properly passed on to their family, friends, or a charity. Trust fund defined A trust fund is a legal...
A special needs trust can help care for a loved one
While a lot of estate planning is about figuring out who will receive your assets when you pass away, it's actually about much more than that. It's also about ensuring that your healthcare and financial decisions rest in trustworthy hands in the event that you are...
5 common estate planning mistakes
Estate planning can provide real comfort to surviving family members during their time of need. However, it needs to be thoughtful and done right to get the desired effect. To some, it would seem to be an inventory of assets and where they should go, but mistakes are...