Recent Blog Posts

Estate Planning for Snowbirds

As retirement approaches, your mind may start wandering off to a warm beach, an isolated lake surrounded by wilderness, or downsizing to a small condominium and moving to be close to your children. The majority of people who reach the age of 61 say that they feel free to choose where they want to live,… Continued

Different Probate Approaches: Small Estate and Regular Estate

Probate is the legal process of transferring a deceased person’s assets to the beneficiaries and involves a court procedure. Before property can be distributed to beneficiaries, the executor of the estate must carry out various tasks, such as locating assets, paying debtors, etc. Moreover, probate works differently for different sized estates. As such, what applies… Continued

Tips for Adult Children for Discussions With Aging Parents

According to PBS, 54 percent of parents would rather talk to their children about sex than aging. It is very common for aging Parents not to want to talk about declining health and dying, especially to their children. For so many years, your parents were the strongest, smartest, most wise people on earth—in your young… Continued

How To Reduce Stress During Probate

Probate, which is the legal process of the legal process of conveying assets from a deceased person to the heirs, does not have to be a massive headache. For many, however, it is just that. The many pitfalls of probate for an executor include wasted time and money, calls from creditors demanding payment, disgruntled family… Continued

What if You And Your Child’s Other Parent Both Die?

A Prince George’s County, Maryland, couple was killed by the driver of an SUV, who impatiently crossed the center yellow divider to pass two vehicles, then returned to the proper lane when it struck the couple’s car. The 31-year-old mother and 34-year-old-father left behind three young children. They were running an errand for some last… Continued

Fiduciary Duties: Buying and Selling Stock

According to Forbes, one of the most common mistakes made during estate administration is failing to buy or sell securities during a good market (bull market) or bad market (bear market). For estate administrators who do not have experience in the stock market, this duty can be particularly challenging. However, it is the estate administrator’s… Continued

Estate Planning for Minimizing Gift Taxation

Leaving behind money to your family, friends and other loved ones is a satisfying option for those with property to leave behind when they pass. However, for those with considerable assets, your property may be taxed heavily by the federal government if you do not take the appropriate estate planning steps to avoid excessive taxation.… Continued

Managing Debt Collection During Probate

The average U.S. household has over $16,000 in credit card debt, which is 10 percent higher than a decade earlier, according to Time, and the average mortgage debt per household is over $180,000, according to USA Today. Because the average American dies with considerable debt, paying off collectors can be one of the more challenging… Continued

FRAME & FRAME ANNOUNCES THE ADDITION OF ATTORNEY ERICA REDMOND

Frame & Frame is pleased to announce the addition of Erica Redmond as Associate Attorney with the firm. In this position, Erica will be handling the firm’s personal injury and auto accident claims, family law matters and guardianships. Erica grew up in the Catonsville/Arbutus area and attended The Seton Keough High School before attending Lenoir-Rhyne… Continued