Free Confidential Consultation. Call Now! 410-299-4959

sreichert@reichertlegal.com

Why You Should Talk to Your Parents About Estate Planning

Estate Planning

Estate planning is something many families are inclined to put off however careful planning for the future can protect property and assets, as well as loved ones. An estate plan is not simply a matter of drafting a will; it is also a kindness to the surviving family members because it can relieve stress, help […]

Read More

What Is a Surviving Spouse Entitled to Receive Under Maryland’s Elective Share Statute?

Maryland’s Elective Share Statute was designed to prevent a surviving spouse from being disinherited. House Bill 99, signed by Governor Hogan in 2019, expanded the assets included in calculating what a surviving spouse could inherit.   Under the previous bill, only probate assets were subject to the elective share statute. Under the augmented statute, non-probate […]

Read More

Maryland Estate Planning Attorney: When Does a Durable Power of Attorney for Finances Become Effective? (aka, Financial Power of Attorney, Power of Attorney, Maryland Power of Attorney)

Post Image

Having a Durable Power of Attorney for Finances, also called a Financial Power of Attorney, Durable Power of Attorney, or simply a Power of Attorney—allows an individual to act on your behalf. Having a Durable Power of Attorney for Finances is an important document if you own property or have income, investments, or expenses in […]

Read More

Maryland Estate Planning: Validity of Powers of Attorney and the Maryland General and Limited Power of Attorney Act

Post Image

Is a bank or institution refusing to recognize your Power of Attorney? In a previous post I discussed the importance of having a Durable Power of Attorney for Finances (DPAF). But what do you do if someone refuses to recognize your DPAF? In 2010, the Maryland General and Limited Power of Attorney Act (the Act) […]

Read More

Maryland Estate Planning: Benefits of Having a Durable Power of Attorney for Finances (Financial Power of Attorney, Power of Attorney, Durable Power of Attorney, Maryland Power of Attorney)

Post Image

Having a Durable Power of Attorney for Finances (DPAF), also called a Financial Power of Attorney, Durable Power of Attorney or simply a Power of Attorney—allows an individual to act on your behalf in the event you become incapacitated. Having a DPAF is an important document if you own property or have income, investments, or […]

Read More

Legal Definitions

Post Image

This section is updated when new terms are used in the Law Office of Stephen J. Reichert, LLC blog. Ancillary Probate – If decedent had real property in another state (ancillary) probate is required in that state. Bankruptcy Trustee – A person appointed by a bankruptcy court to supervise the affairs of a person or […]

Read More