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Recent Blog Posts

Why Did Hattie McDaniel from Gone With the Wind Leave Her Ex-Husband $1.00?
Did it end up working? Was she able to cut her ex-husband out of her estate by only leaving him $1.00?!
May 20, 2024
Forgetting Your Keys? Why Minor Memory Lapses Could Be a Sign of a Healthy Brain
Learn how occasional forgetfulness might actually signal a well-functioning brain, ensuring you can enjoy today while being prepared for tomorrow.
May 16, 2024
Protect Inherited IRAs
Protect your heirs' inherited IRAs from creditors and predators by utilizing a trust with a conduit provision. By setting your trust as the beneficiary of your IRA and allowing Required Minimum Distributions to flow through the trust directly to your beneficiaries, you can ensure your assets are managed according to your wishes while providing an extra layer of protection.
April 24, 2024
Fake Parking Meter QR Codes in Baltimore Can Steal Your Money
In an alarming alert from Baltimore, city officials have warned of a new scam targeting drivers: fake QR codes on parking meters designed to pilfer money directly from checking accounts. This sophisticated scam is a stark reminder of the critical importance of vigilance in asset protection. As scammers exploit everyday activities to defraud unsuspecting victims, it's essential to verify payment methods, use official apps, monitor financial accounts, and educate oneself about such fraudulent tactics. This excerpt underscores the necessity of being proactive in safeguarding one's financial well-being against the backdrop of evolving digital threats.
February 6, 2024
Why People Allow Their Power of Attorney To Gift Everything Away
Imagine that your family gave all of your stuff away, and you're okay with it. King vs. Bankerd, a pivotal 1985 ruling by the Maryland Court of Appeals, underscores the critical importance of clearly defining the scope of authority and fiduciary responsibilities of an agent under a Power of Attorney, particularly in matters involving the disposal of assets.
January 11, 2024
Empowering Families for a Healthier Future: Addressing the Growing Gender Gap in Life Expectancy
In recent years, the topic of life expectancy has garnered significant attention, particularly regarding the widening gender gap. A recent study has shown that women in the United States are now expected to live nearly six years longer than men. This growing disparity not only highlights critical health issues but also underscores the importance of robust estate planning and family preparedness. Our firm is committed to guiding and educating families in these crucial matters, ensuring they are well-equipped for the future.
January 4, 2024
New Year, New Resolutions: Embracing Estate Planning for a Secure Future
As the confetti settles post-New Year celebrations and the echoes of "New Year, New Me!" mantras begin to fade, many of us find ourselves setting ambitious resolutions. Yet, a curious phenomenon often occurs: by mid-January, these resolutions seem to slip through our fingers like sand. This cycle of ambition and subsequent abandonment is so prevalent that it has even spawned its own counter-holiday: Ditch New Year’s Resolution Day, observed on January 17th.
January 2, 2024
The Importance of Open Communication in Estate Planning: Balancing Transparency and Discretion
Estate planning is a sensitive yet crucial aspect of financial management, often shrouded in privacy and discretion. However, at Stouffer Legal, we advocate for a different approach – one that emphasizes the importance of open lines of communication with family members about post-death plans. This stance is not just a matter of preference but is rooted in the belief that transparency fosters understanding and prepares beneficiaries for the future.
December 28, 2023
Brightening the Winter Blues: Holistic Approaches to Managing SAD
When it comes to estate planning, we often focus on the tangible aspects – assets, wills, trusts, and the like. However, at Stouffer Legal, we believe in a holistic approach to life planning, one that includes mental well-being. In this light, we're turning our attention to a condition that may impact many of our clients: Seasonal Affective Disorder (SAD).
December 26, 2023
Personal Attention in an Automated World: Why We Prioritize Client Care in Estate Planning
In an age where automation is increasingly prevalent, the recent backlash against self-checkout systems in stores highlights a fundamental human desire: the need for personal attention and care. At Stouffer Legal, we understand this need, especially when it comes to the sensitive and crucial matter of estate planning. Our firm is committed to providing a personalized experience to each client, a philosophy that sets us apart in a world leaning towards automation.
December 19, 2023
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