Maryland Estate Planning: Is a Living Trust a Good Idea?

A living trust is a written legal document that places assets in a trust which can still be used by the principle. Once the principle dies, the trust can be transferred to the designated beneficiaries. There are many benefits to creating a living trust. One reason to create a living trust is to avoid probate. […]

Posted by reichertlegal
Posted in Estate Planning Baltimore County, Estate Planning Columbia Maryland, Estate Planning Maryland, Estate Planning Parkville Maryland, Estate Planning Randallstown Maryland, Estate Planning Severna Park, Trusts Attorney Baltimore Maryland, Trusts Attorney Chillum Maryland, Trusts Attorney Clinton Maryland, Trusts Attorney Maryland, Trusts Attorney North Bethesda Maryland, Trusts Attorney Parkville Maryland, Trusts Attorney Pikesville Maryland, Trusts Attorney Prince George's County Maryland, Trusts Columbia Maryland, Trusts Montgomery County Maryland, Trusts Woodlawn Maryland, Wills & Trusts Baltimore Maryland, Wills & Trusts Ellicott City Maryland, Wills & Trusts Germantown Maryland, Wills & Trusts Lawyer Montgomery Maryland, Wills & Trusts Pikesville Maryland, Wills & Trusts Prince George's County Maryland, Wills & Trusts Rockville Maryland
Jul, 03, 2018
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Maryland Trust for Individual With Special Needs

Parents of a child with special needs have unique concerns when planning for their child’s welfare after the parents have passed away. Important practical and legal decisions need to be made to determine how and in what manner the needs of the child will be met. Careful consideration—including benefit implications—needs to be given when considering […]

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Posted in Special Needs Trust Baltimore Maryland, Special Needs Trust Maryland, Trusts Attorney Baltimore Maryland, Trusts Attorney Clinton Maryland, Trusts Attorney Maryland, Trusts Attorney North Bethesda Maryland, Trusts Attorney Parkville Maryland, Trusts Attorney Pikesville Maryland, Trusts Attorney Prince George's County Maryland, Trusts Columbia Maryland, Trusts Montgomery County Maryland, Trusts Woodlawn Maryland, Wills & Trusts Annapolis Maryland, Wills & Trusts Anne Arundel County Maryland, Wills & Trusts Baltimore Maryland, Wills & Trusts Bethesda Maryland, Wills & Trusts Bowie Maryland, Wills & Trusts Carroll County Maryland, Wills & Trusts Dundalk Maryland, Wills & Trusts Ellicott City Maryland, Wills & Trusts Frederick Maryland, Wills & Trusts Germantown Maryland, Wills & Trusts Glen Burnie Maryland, Wills & Trusts Howard County Maryland
Oct, 04, 2015
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Maryland Wills & Estate Planning: Disposing of Property Restrictions

Are there any restrictions in the state of Maryland on the manner in which a will may dispose of property and can a wife or child be disinherited? A surviving spouse has certain rights that could alter the way in which you intended to dispose of your assets. Maryland laws prevent a spouse from being […]

Posted by reichertlegal
Posted in Estate Planning Baltimore Maryland, Estate Planning Catonsville Maryland, Estate Planning Ellicott City Maryland, Estate Planning Germantown Maryland, Estate Planning Maryland, Estate Planning Rockville Maryland, Estate Planning Silver Spring Maryland, Estate Planning Wheaton Maryland, Trusts Attorney Maryland, Trusts Columbia Maryland, Wills & Trusts Annapolis Maryland, Wills & Trusts Baltimore Maryland, Wills & Trusts Bethesda Maryland, Wills & Trusts Lawyer Montgomery Maryland, Wills & Trusts Waldorf Maryland
Jul, 30, 2015
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Baltimore, Maryland Estate Planning Lawyer: How Can a Revocable Living Trust be Terminated?

With a true Maryland revocable living Trust, the Trust can be dissolved. You should have an attorney review the provisions in the Trust so that termination is done correctly. The Trust will provide the basis and steps for termination but where the Trust is silent Maryland law will apply. This should not be an expensive […]

Posted by reichertlegal
Posted in Attorney Baltimore County Maryland, Attorney Baltimore Maryland, Attorney Essex Maryland, Estate Planning Baltimore County, Estate Planning Baltimore Maryland, Estate Planning Bel Air Maryland, Estate Planning Bethesda Maryland, Estate Planning Frederick Maryland, Estate Planning Maryland, Estate Planning Montgomery County Maryland, Trusts Attorney Baltimore Maryland, Trusts Attorney Maryland, Trusts Columbia Maryland, Trusts Montgomery County Maryland, Trusts Woodlawn Maryland
Jan, 16, 2015
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Maryland Estate Planning Attorney: How Does a Trustee Resign?

Typically a notarized letter of resignation signed by the current Trustee is sufficient. The Trust itself may also have a clause describing how a Trustee must resign. Once resigned the Trustee has resigned any successor Trustee would become the new Trustee unless the Trust specifies another method of appointing the new Trustee. For a free, […]

Posted by reichertlegal
Posted in Estate Planning Baltimore County, Estate Planning Baltimore Maryland, Estate Planning Catonsville Maryland, Estate Planning Maryland, Estate Planning Potomac Maryland, Estate Planning Silver Spring Maryland, Trusts Columbia Maryland, Wills & Trusts Baltimore Maryland, Wills & Trusts Maryland
Aug, 29, 2014
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Maryland Estate Planning Attorney: What if a Trust Does Not Indicate Whether it is Revocable or Irrevocable?

Under Maryland law, when a Trust is silent as to whether it can be revoked that Trust is usually found to be revocable. For a free, confidential conversation to discuss this and other estate planning matters, or to create your own estate plan, Trust and Will, contact Maryland estate planning attorney Stephen J. Reichert at […]

Posted by reichertlegal
Posted in Estate Planning Attorney Pikesville Maryland, Estate Planning Baltimore County, Estate Planning Baltimore Maryland, Estate Planning Bel Air Maryland, Estate Planning Bethesda Maryland, Estate Planning Columbia Maryland, Estate Planning Ellicott City Maryland, Estate Planning Germantown Maryland, Estate Planning Glenmont Maryland, Estate Planning Howard County, Estate Planning Maryland, Estate Planning Potomac Maryland, Estate Planning Rockville Maryland, Trusts Attorney Baltimore Maryland, Trusts Attorney Maryland, Trusts Columbia Maryland, Trusts Montgomery County Maryland, Wills & Trusts Maryland
Apr, 30, 2014
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Maryland Revocable Trust Attorney: Revocable Living Trust (aka “Revocable Trust” or “Living Trust”) and Probate

Do assets in a Maryland Revocable Trust pass through probate? No. When your Revocable Trust (also known as a “Living Trust”) is created your lawyer should assist you in transferring your property into the Revocable Living Trust. Title to the property is transferred by the settlor (the person who created the Revocable Living Trust) to […]

Posted by reichertlegal
Posted in Estate Planning Attorney Pikesville Maryland, Estate Planning Carroll County Maryland, Estate Planning Catonsville Maryland, Estate Planning Dundalk Maryland, Estate Planning Hagerstown Maryland, Estate Planning Maryland, Trusts Attorney Baltimore Maryland, Trusts Attorney Clinton Maryland, Trusts Attorney Maryland, Trusts Attorney North Bethesda Maryland, Trusts Attorney Parkville Maryland, Trusts Attorney Pikesville Maryland, Trusts Attorney Prince George's County Maryland, Trusts Columbia Maryland, Trusts Montgomery County Maryland, Trusts Woodlawn Maryland, Wills & Trusts Baltimore Maryland, Wills & Trusts Bethesda Maryland, Wills & Trusts Dundalk Maryland, Wills & Trusts Maryland
Nov, 08, 2013
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Columbia, Maryland Estate Planning: Where to File a Will in Columbia, Md. & Howard County

You Live in Maryland and Have a Will? Good news. Maryland, unlike many states, allows Wills to be filed with the county in which you live. As an estate planning attorney, I have encountered clients in Maryland who have failed (or their attorney failed) to file their Will with the county. This is a critical […]