The bill from the nursing home is enormous. In Maryland it averages about $8,000 per month, or about $100,000 per year.

A client visits the attorney and reflects on the experience of her mother in making her own end of life decisions.

A client visits the attorney and reflects on the experience of her mother in making her own end of life decisions.

By Tim Barkley. November 2014. With the closing of each year comes a new opportunity to consider your estate plan and make sure it is up-to-date – or to make one if you don’t have on already! Because we are time-bound mortals, the change of seasons reminds us of changes in our lives and of their fragility. Have you ever drafted documents at all? If not, you should know that the State’s choices on your behalf are not usually the best ones for...

By Tim Barkley. March 2013. Now that you’ve set up your living trust, you need to feed it to make it grow. In legal parlance, you need to “fund” your trust. The benefits of a living trust – probate avoidance, privacy, efficiency, estate tax avoidance – may be lost if you do not take the time to fund your trust and maintain it. “Funding” your trust means transferring title to your assets to your trust. Funding also includes making your...