What Happens to Your Student Loans When You Die?

If you’ve been paying attention to the news, you know that student loans are bigger and more common than ever before. There is currently over $1.45 trillion in outstanding student loan debt in the United States, and 42 million Americans have some amount of student loan debt (the average borrower owes over $30,000). Despite student loans being incredibly common, there is still a lot student loan borrowers don’t know Read More

Spring is in the Air! There’s No Better Time to Clear Out Your To Do List

Spring is a time of renewal, new growth, and possibility. Although many of us experience a burst of energy as the days grow longer and the weather gets warmer, it often doesn’t last long. In just a few weeks, our lives will begin to bustle with summertime preparations and an ever-growing To Do list. So, how can we make the most of the calm before the storm? Clear out those lingering tasks that have been sitting on Read More

Your Digital Footprint: 5 Steps to Managing the Virtual Afterlife

1. Assessing Your Impact: What’s Included in Your Digital Footprint? You may not realize this, but throughout your lifetime, you have been making an imprint on the virtual world. When you pass, your digital footprint will remain behind. What’s included in your digital footprint? Personal correspondence (emails, text messages, etc.) File and documents (both on your devices and in the cloud) Read More

A Clear and Compassionate Plan Can Help Avoid Hurt

On March 4, 2019, America lost one of its favorite heartthrobs. Luke Perry (Coy Luther Perry, III) passed away after a tragic and unexpected illness. At the age of 52, he suffered a stroke, was hospitalized, and five days later, when it was clear he would not recover, his family made the decision to remove life support. In this devastating time, it seems that Luke Perry’s family was able to take swift and decisive Read More

Your Blended Family is Unique: Tailoring Estate Planning to Meet Your Needs

A blended family is one with children from more than one partnership. For many families, this may be a second marriage in which one or both partners have children from a previous relationship. In some blended families, the second marriage also results in children. Blended families are very common, but the default laws in Maryland likely do not reflect how you want to provide for your loved ones after you pass. This Read More

What Every New Parent Needs to Know About Estate Planning

As a parent and an estate planning attorney, I spend quite a lot of time thinking about how to protect my children and provide for their futures using estate planning tools. But, my children are grown. For new parents, I know that estate planning may be the furthest thing from your mind. As a parent (or grandparent!), there are a thousand things to worry about. Having children in your life creates responsibility, Read More

5 Reasons You Need an Estate Plan Even If You Don’t Have Many Assets

Estate planning is not just for the ultra-wealthy - everybody needs one! Irrespective of your financial status and family dynamics, you will benefit by having an estate plan. An estate plan can not only protect your assets after you pass away but also during your lifetime in case something happens to you. Let's look at the reasons why you need an estate plan even if you don't have many assets.      Protection Read More

Estate Planning in Your Pajamas!

Estate planning? Who has time for that? You have a job, you go to school, you've got kids, there’s soccer practice and dance classes, you work with the church, the dog needs walking, and oh yeah, you might want a little bit of a social life. So with all that going on who really does have time to think about the future and plan for their loved ones? In working with a lot of clients who are younger, who just bought Read More

#1 Reason for Using a Revocable Living Trust

Clients often ask whether or not they need a Revocable Living Trust (RLT) or if a Will is sufficient for their estate planning needs. While there are several benefits to having an RLT, there is one primary factual reason to have an RLT beyond just the benefits it provides. That is, do you own real property in more than one state? This happens all the time here in Maryland when the client owns a home here Read More

Failed Plans: Avoid These 3 Common Estate Planning Mistakes

Thinking about your mortality can evoke uncomfortable feelings, but it is something everyone has to come to terms with eventually. You have to be able to ask yourself the hard questions, like: Who will take control of your property and assets once you are gone? Will your family stay united whatever the outcome, and how will your legacy continue? These are important decisions to make and requires careful thought Read More