Stouffer Legal Blog - Estate and Elder Law in Towson, Maryland

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Most people dream of the day they can retire. The problem is that many do not move beyond dreaming to planning.

March 18, 2021

Setting Boundaries with Elderly Loved Ones

It can be challenging to provide care for elderly loved ones even in the best of situations. It can be considerably more difficult when the loved one has a history of being emotionally abusive or is suffering from loss of control due to some type of cognitive impairment.

March 17, 2021

Breaking Down the Barriers to Vaccines for Maryland’s Seniors

Maryland seniors are at the highest risk for contracting and dying of Covid-19, and are steadfastly attempting to obtain vaccinations. Medical providers are not giving shots directly so many seniors call their doctors’ offices and fail to get any closer to acquiring an appointment for a vaccine.

March 15, 2021

Small Businesses are Suffering – Can a Business Succession Plan Help?

More than half of the small businesses in Maryland do not have a proper plan in place should the owner become disabled or pass away. Now that so many businesses are struggling due to the pandemic, it is more important than ever to have a proper plan in place for the future of the business.

March 12, 2021

Using Adoption to Assure Someone is an Heir Can Create Problems

If there is a concern that biological children will inherit the entire estate because you do not have a living spouse should you adopt a child that you raised so you would be sure they receive an equal share of your estate?

March 11, 2021

Data Privacy Tips for Older Adults

Our isolated seniors are spending more and more time online as a way to connect with family and friends. While this is helping them through a difficult pandemic, they are opening themselves up to certain risks from being online and communicating on various platforms.

March 10, 2021

Comparing Critical Illness Insurance to Disability Insurance

There are two types of insurance that offer benefits for serious illness – long-term disability insurance and critical illness insurance. While a regular health insurance plan typically offers comprehensive coverage for all types of illnesses many of those plans require the policy holder to pay a considerable amount of money out-of-pocket for critical illnesses.

March 8, 2021

Tax Season is Here – How are Trusts Taxed?

When you set up a trust as part of your comprehensive estate plan, it is important to know how this will figure into your income tax filings. All trusts become separate legal entities upon creation. Therefore, depending on the type of trust you create, you may need to file a separate tax return for the trust itself.

March 5, 2021

Identity Fraud Targeting the Elderly

The largest coordinated sweep of identity fraud involving US seniors has recently been conducted. The US Department of Justice has reported that more than one million elderly people have collectively lost hundreds of millions of dollars because of this targeted financial abuse.

March 4, 2021

UNIQUE HEALTH CHALLENGES FACED BY VETERANS

The United States veteran population is some 20 million strong, many of whom face health challenges separate from non-Veterans. Due to their military training, Veterans have a well-defined culture that is strong on values, codes of conduct, respect of superiors, and customs to name a few.

March 3, 2021

We are a local Estate Planning firm helping Maryland families plan ahead before a crisis happens. Creating Wills and Trusts by learning your unique story. A sound Estate Plan helps to protect and preserve assets during disability, incapacity, and at death. It may also minimize tax exposure and encourages families to plan inheritance during life and outside of the courts.

Office Address:

658 Kenilworth Drive, Suite 203
Towson, MD 21204

Phone: (443) 470-3599

E-mail : office@stoufferlegal.com

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