In 2018, the world lost a music icon, Aretha Franklin. Not long after her death, her family and the public learned that she had left behind handwritten wills, one of which was found in the cushions of her couch.
The charm of Maryland's coastline is not lost on its residents. From the tranquil shores of Ocean City to the vibrant Chesapeake Bay, the appeal of beachside fun attracts both locals and tourists alike.
Every day, we live our lives in a deeply intricate social fabric woven from our affiliations, group identities, and perceptions of others. At its core, our associations with political parties, sports teams, and our perceptions of others revolve around two key concepts: caring and competence.
If you’ve ever dipped your toes into the complex waters of estate planning, you’ve likely come across terms like "remaindermen" and "life estate deed." Despite their legal complexity, these terms have substantial relevance in planning your estate and protecting your legacy.
As an Estate Planning law firm, we understand the value and importance of our role in society. We are a part of the line of defense for our clients, ensuring their assets are protected and their wishes respected. The Shakespearean commentary underscores our profession's significance.
In recent years, the urgency for financial literacy and planning has skyrocketed, especially for the young and upcoming generations. A survey conducted by Charles Schwab, one of the largest financial-services firms in America, has found that a significant number of Gen Zers and millennials delay financial planning due to perceived complexities and time constraints.
The potential for increased life expectancy in the United States by an average of 12 years by 2040, as a report from Deloitte suggests, is not only exciting but a call to action for employers and a testament to the power of technology and innovation.
When it comes to estate planning and trusts, one of the most critical decisions you'll need to make is who to appoint as your trustee. The trustee is the individual or institution responsible for managing the assets within your trust according to your specific instructions.
