The recent passing of Lisa Marie Presley has brought her complex financial legacy into the spotlight. While the administration of her estate will be handled in California, it's interesting to consider how the process might have unfolded if it were to be administered in Maryland under the state's unique "No Contest Clause."
When it comes to estate planning, two key roles often emerge: the executor and the trustee. Although both are vital to ensuring your estate is managed and distributed according to your wishes, they have different responsibilities and functions.
Estate planning is a crucial aspect of securing your family's financial future and ensuring that your wishes are carried out after your passing. However, what happens when you move to another state after completing your estate plan in Maryland?
As attorneys dedicated to Estate Planning, Stouffer Legal is deeply committed to ensuring the financial safety and well-being of our clients and their families.
Estate planning is an essential part of securing your financial future and ensuring that your assets are distributed according to your wishes after you pass away. However, estate planning is not a one-and-done process.
An UTMA account, or Uniform Transfers to Minors Act account, is a type of custodial account that allows a minor to receive a gift or inheritance from a parent, grandparent, or other relative.
Caring for aging parents is a challenging and emotional experience for many adult children. It is important to consider all of the options when planning for their long-term care needs. One such option is Long Term Care (LTC) insurance.
Probate is the legal process that occurs after someone passes away. It involves the distribution of the deceased person's assets and the settling of their debts.
George Washington's birthday, also known as Presidents' Day, is a holiday that celebrates the life and legacy of the first President of the United States.
Long-term care refers to the range of services that help with daily living activities, such as eating, bathing, and dressing. It can be provided in a variety of settings, including nursing homes, assisted living facilities, and at home.
