Author: Tara Frame

Family Protection Planning Right Now

During a crisis like COVID, many of us are dealing with health or financial issues.  However, some families mistakenly believe that only those with older family members need to be concerned with planning and protecting family assets.  But, protecting your family is important at any age, especially for those with younger children.  Unfortunately, most younger… Continued

Five Common Estate Planning Mistakes

Estate planning is more complex than most people assume. Making a mistake during estate planning can drastically set you and your loved ones back, making it impossible to retire like you planned, or leaving your adult children with an unclear understanding of your inheritance wishes. These errors can be avoided by working closely with an… Continued

Why Estate Planning is Important for Young Families

Most young families are rushed for time. Between work, shuttling the kids between various events and appointments, and weekend family outings, there isn’t a lot of extra time left over by the end of the week. But, what would happen to your children or your spouse, if something unexpected happened to you? It’s not a… Continued

A Power of Attorney is Important Before You Need It

Are you responsible for parents or other seniors in your family?  Or, for that matter, do you know what happens if you’re involved in a car accident or other sudden illness?  An individual can become incompetent or incapacitated at any age, especially after an accident or illness.  Many seniors face cognitive decline, disability, Alzheimer’s or… Continued

What Women Need to Know About Estate Planning

Whether you are single, married, or living with a long-term partner, estate planning is a very important process for women. With many more women serving as breadwinners for their household, getting divorced, or living with a long-term partner, it is more important than ever for women to be informed and educated regarding the ins and… Continued

Can I Disinherit a Spouse in Maryland?

Although this is not a common question, the question of whether or not you can disinherit a spouse in Maryland, is a question that sometimes arises and there are a multitude of reasons.  At the heart of this discussion, is the sweeping reform legislation that went into effect on October 1, 2020 here in Maryland. … Continued

The Dangers of Do-It-Yourself Wills

Creating a will by yourself or preparing estate planning documents without the advice of an attorney create a big risk. Online estate planning services are a popular choice for some people who believe they can save time and money by doing it themselves. While there may seem to be benefits by using an online service,… Continued

The Three Most Common Estate Planning Mistakes to Avoid

The majority of Americans are vastly unprepared when it comes to their estate plan and sadly, many more think that an estate plan is only for wealthy people. In fact, over half of Americans do not even have an estate plan in place, whether that is a simple will, a trust, or more, according to… Continued

What is Probate and Why Should I Care?

What is Probate and Why Should I Care? When an individual dies, unless, they have a trust, their assets first have to pass through probate before they can be transferred to beneficiaries. Probate is the legal process of validating a person’s will and making distribution pursuant to the terms of the will. During probate, the… Continued

Medicaid Planning is not Estate Planning

Does your estate plan protect assets from long-term care costs?  Does it include a strategy for long-term care?  Many people think that if they’ve done an estate plan, they have covered long-term care or Medicaid planning issues.  Nothing could be further from the truth.  Medicaid planning is not estate planning and you’ll need an Elder… Continued