As estate planning attorneys we often get asked the following question, “Does my agent or trustee need to be well versed on how to do all aspects of their role?” Our answer isn’t a simple one or one standard answer that works for all our clients. However, we feel that it is important to discuss with our client that the agent they name in their documents should know that they’ve been named, the … [Read more...] about Should You Train Your Agent or Other Fiduciary Under Your Estate Planning Documents?
An Aging Life Care Professional is often referred to as a geriatric care manager and is a health and human services specialist who acts as a guide and advocate for families who are caring for older loved ones or disabled adults. The goal of an Aging Life Care Specialist is to guide families to decisions and actions that ensure quality care and optimal life for those they love and to reduce the … [Read more...] about What is an Aging Life Care Professional?
"Documents Your Child Needs to Have When They Turn 18" by Attorney Laura Curry When your child turns the age of eighteen, he or she is now entitled to certain privacy considerations and you will no longer have the same level of access to financial and medical information that you once had. At a minimum, you should discuss with your child that they should have two important Power of Attorney … [Read more...] about Documents Your Child Needs to Have When They Turn 18
"Medicaid Planning for Married Couples" by Attorney Laura Curry (Audio) Medical assistance in Maryland is provided through a joint federal-state program that can pay for care in a nursing home or rehabilitation facility for low-income individuals of all ages. It is important to know and understand the Maryland Medical Assistance, or Medicaid Eligibility Rules when thinking about planning for … [Read more...] about Medicaid Planning for Married Couples
"How to Obtain a Guardianship in Maryland" by Attorney Laura Curry (Audio) When a person is unable to care for their personal or financial needs because of age, disease, or disability, the court may appoint a guardian. A guardianship is a legal proceeding in which a petitioner (usually a family member or friend) asks the court to find that the person (the “alleged disabled individual”) is … [Read more...] about How to Obtain a Guardianship in Maryland
"How Can Estate Planning Attorneys Help Business Owners?" by Attorney Laura T. Curry (Audio) Estate planning attorneys provide help to people who own businesses who want those businesses to survive even after the owner's death or departure. If you want your business to serve as your legacy and be handed down to the next generation, you need to ensure that you are prepared for what could happen … [Read more...] about Estate Planning for Business Owners
"Estate Planning for Young Families" by Attorney Laura Curry (Audio) Many young families put off estate planning and often say that they are too young, healthy or can’t afford it. But even a healthy, young adult can be taken suddenly by an accident or illness, and those with young families need estate planning precisely because others are depending on them. Getting married and having your … [Read more...] about Estate Planning for Young Families
"Why Crowdfunding May Cost You Medicaid Eligibility" by Attorney Laura T. Curry Crowdfunding or fundraising websites, such as Kickstarter, YouCaring, and GoFundMe are quickly becoming a popular source for donations where ordinary people may raise money from others for anything from new inventions to helping a neighbor or family member in need. Over time, crowdfunding has morphed into a platform … [Read more...] about Why Crowdfunding May Cost You Medicaid Eligibility
"Can You Give Away Your Wealth to Get Medicaid?" by Attorney Laura Curry Medicaid is the single largest source of health coverage in the United States and is administered by states, according to federal requirements. It provides health coverage to millions of Americans, including eligible low-income adults, children, pregnant women, and people with disabilities. Medicaid is a means-tested … [Read more...] about Can You Give Away Your Wealth to Get Medicaid?
"Estate Planning for Cryptocurrency" by Attorney Laura Curry There has been a lot of recent news about the founder of a cryptocurrency exchange suddenly dying and not having a plan in place to address his $190 million in bitcoin and other funds. The thirty year old founder and CEO of a Canadian cryptocurrency exchange died on a trip to India and did not share the password for his encrypted … [Read more...] about Estate Planning for Cryptocurrency