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

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Elder Law attorneys handle many types of issues such as estate planning, probate, drafting trust agreements, business succession planning, Medicaid and Medicare, and long-term care planning.

January 30, 2020

Deconstructing a Trust Document

A trust is a document created by a grantor that holds assets and appoints a trustee to manage those assets for the benefit of the intended beneficiaries.

January 29, 2020

How a Mediator Can Help the Estate Planning Process

Most people tend to think of bringing in a mediator for divorce or contract disputes, but do not realize how beneficial it can be during the estate planning process. The potential for family conflict arises in many estate plans, especially large estates and those with family businesses.

January 24, 2020

Who Gets Your Bitcoins When You Die?

For those who own Bitcoins and other digital currency, those assets are part of their estate after death. They will be distributed to the heirs according to the owner’s will, or via laws of intestate succession if the owner died without a will.

January 23, 2020

Why You Should Never Count on an Inheritance

As Baby Boomers continue to age, their Gen X children and millennial grandchildren may expect to receive an inheritance. Counting on such an inheritance is not wise financial planning. More than half of those who expect to inherit do not.

January 22, 2020

Estate Planning for Federal Employees with a Thrift Savings Plan

One of the largest assets outside of a primary residence for many federal employees is their Thrift Savings Plan (TSP) retirement account.

January 21, 2020

How Payable on Death (POD) Designations Impact Probate

We recently discussed deed language in our post, Is Your Title to Real Property Consistent with Your Estate Planning Goals?, and noted that the title of a deed may allow the property to bypass probate.

January 17, 2020

Estate Planning for a Second Marriage

When entering into a subsequent marriage, it is wise to execute a prenuptial agreement. This not only lays out the details of asset allocation in the event of divorce, but even more importantly, it determines how your estate will be distributed if one spouse dies.

January 16, 2020

Equal Division Versus Fair Division

When working with clients on estate planning issues, most parents attempt to ensure their estate planning efforts end up providing for the children in a fair, equitable manner.

January 15, 2020

Not all Powers of Attorney are Created Equal

Typically, a Power of Attorney comes into play when someone is no longer able to manage their own assets.

January 10, 2020

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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