October 2023. Q: I have a disabled daughter. Do I really need a trust? Can’t I just leave everything to my son to use for his sister? A: Yes, you can do that, but I’m not sure you should do that. If you leave everything to your son to use for his sister without any...
September 2023. Q: Do I need a trust? A: A trust is a bucket to hold money, for someone – a “beneficiary” – that needs the money but can’t have it in their own name. The classic beneficiary is a young child, someone with special needs, or someone consistently making...
August 2023. Q: Do I need a MOLST? A: The MOLST (the Maryland Medical Order for Life-Sustaining Treatment) is a way you can indicate your preferences and intentions about end-of-life care and treatment. For example, you can make it clear that you want, or do not want,...
July 2023. Q: I’m worried about getting dementia. Do I need to protect myself from my future self? A: That’s a good thought. Some of my clients worry about their power of attorney being misused, so they don’t want to sign it. But it’s really...
June 2023. Q: My Mom just died this morning. I have no idea what to do next. Can you help? A: I’m so sorry. Thank you for calling. The first thing to do is arrange the funeral and lay her to rest. If she left prearrangements or instructions, that makes things easier;...
May 2023. I’m making my daughter my executor and power of attorney. How do I make things easy for her? Make a list of your assets and liabilities like credit cards and mortgage, your accounts and their custodians – banks, brokers, benefits department – and your other...
