Comprehensive estate planning covers nearly every aspect of life. It begins with protecting yourself and your personal dignity, and extends to protecting your loved ones and your hard-earned assets.
Follow the links below to learn more about our Estate Planning and Elder Law services provided at Stouffer Legal:
There are a myriad of legal strategies you might consider implementing as you design your estate plan. Regardless, there are only a handful of "must have" estate planning documents you should create before anything else.
Learn more about the "must have" Estate Planning documents.
Focusing on the needs of families and individuals as they age is an important aspect of estate and long-term care planning. With advances in age come advances in health problems. Along with health challenges, we face special legal challenges that need addressing. The body of law addressing these challenges is commonly known as "Elder Law."
Learn more about planning for Long-Term Care.
If you are thinking about Medicaid, you should speak to an attorney who specializes in that area of law as soon as possible. There is really no time to waste—all you are wasting is money and adding stress. The sooner you get going on this, the sooner you may be eligible for Medicaid.
Learn more about Medicaid Crisis Planning.
A guardianship is a court approved process that occurs when an allegedly disabled person (ADP) or minor (ward) cannot take care of him/herself and his/her property and requires another person’s care. This "other person" is the guardian. The guardian is appointed by the court.
Learn more about Guardianship.
There can be terrific grief and pain at the loss of a loved one. Beyond grief and pain, when you add external stresses to the equation, you can have a disaster on your hands in very short order. Part of the responsibilities or duties of an executor or administrator of an estate can be to reduce the level of stress during the probate process.
Learn more about Probate and Estate & Trust Administration.
If you are a blended family member, you are in good company. Blended families now outnumber traditional nuclear families. And the number is likely to grow based on current statistics and trends.
Learn more about Blended Families.
It is an unfortunate fact of life: airplanes plummet, trains derail, ships sink and automobiles crash. Sometimes there are survivors, sometimes there are no survivors. What is left when a tragedy claims both parents of minor children? Orphans and assets.
Learn more about Minor Children.
Charitable gift planning can be simple a simple process. For example, you can write a check, hand over cash, transfer stock or sign a quit-claim deed to real estate directly to the charity of your choosing. On the other hand, there are more involved strategies whereby you can give and receive depending on your unique circumstances.
Learn more about Charitable Giving Strategies.
Special needs is the broad category of requirements and care for individuals suffering from a wide range of physical disabilities, medical conditions, intellectual difficulties, or emotional problems, including physical conditions, learning difficulties, and behavioral problems.
Learn more about Maryland Special Needs.
A regular visit with your attorney helps ensure that your estate plan would still work as originally designed and provides an opportunity to make any needed course corrections based on your present situation and your future estate tax planning goals.
Learn more about Estate Tax Planning.
If you are starting to think about retirement, then it is also time to think about business succession. You can try to tackle this on your own, but your best bet is enlisting the assistance of an experienced business succession attorney. He or she will have the background and skills to help you plan for the future, putting you and your business in the best position for a profitable and smooth transition when that time comes.
Find out how we can help you preserve your family business.
Asset protection requires careful planning. Threats to your assets can come from a wide variety of potential predators, including future creditors and unnecessary taxes. For such planning to be effective, you will need the help of an experienced estate planning attorney sooner rather than later.
Find out how we can help you protect your assets today.
Legally, Pets are classified as property, but to the Owner, they are best friends, companions and Family. Maryland recognizes Pet Trusts as legally enforceable arrangements between the Pet Owner and Care taker. A Pet Trust Secures the Future and Care of your Pet!
Learn more about Pet & Equine Trusts.
The NFA Trust allows other people listed as “Co-Trustees” to be in lawful possession (even accidental possession) of your Class 3 items when you are not present. The NFA Trust protects your firearms from being listed in public probate court documents, where a judge will determine if and how they will be inherited by your family when you pass. It also allows a clearer designation for who should carry on your items per your specific wishes. The Family Gun Trust is like an NFA Trust, but for all other firearms and firearm related accessories NOT regulated by the federal government. These firearms would include Pistols, Long Rifles, Shotguns, etc.
Learn more about Gun Trusts.
If you have a question, a comment, or simply want to have a conversation and explore how we can help, we'd love to hear from you.