Serving Howard County and Montgomery County in Estate Planning, Medicaid/Long-Term Care Planning, and Special Needs Planning.
McDonald Law Firm serves clients throughout Howard County, Montgomery County, Washington, DC and the surrounding counties, with a focus in the areas of estate planning, special-needs planning, and Medicaid/long-term care planning. Below is a brief overview of the firm’s main practice areas. Click on a heading for a more detailed look at how the firm serves its clients in any particular area.
Estate Planning
Estate planning is the process of creating the necessary documents and legal instruments to distribute all assets in your estate after you are gone. If you do not properly account for everything in your estate, then these items will be distributed according to the intestacy laws of the State of Maryland, and they may be distributed in ways you would not want. Another important aspect of estate planning is planning for your own health care and the management of your affairs in the event you become incapacitated and cannot make these decisions on your own.
The comprehensive estate planning practice at McDonald Law Firm includes drafting the right combination of wills, trusts, and powers of attorney to make sure your wishes are carried out and that you and your family are properly taken care of. Our estate planning practice addresses tax strategies and probate avoidance, as well as other matters specific to your unique needs and goals. We provide advisement and drafting services for all of the following:
- Wills
- Revocable Living Trusts
- Power of Attorney
- Advance Medical Directives
- Estate Administration (Probate)
- Trust Administration
- Special Needs Trusts
- Health and Education Exclusion Trusts
- Charitable Remainder Trusts
- Second Amendment Trusts™ (Gun Trusts)
- Irrevocable Life Insurance Trust (ILIT)
Special Needs Planning
Special needs planning is a process that identifies the financial, legal, and lifetime needs for you, your family and your loved one with special needs. For most families, this process will include a discussion of:
- Self-Settled Special Needs Trust
- Third-Party Special Needs Trust
- Guardianship
- ABLE Accounts
- Creating a Letter of Intent
- Defining Your Vision for the Care of Your Child
Medicaid/Long-Term Care Planning
McDonald Law Firm helps today’s current and future seniors plan for the future and make sure their legal needs are met. Our comprehensive Medicaid/long-term care planning services include planning for healthcare, long-term care, and financial needs to ensure maximum independence while preparing for the future. We provide advisement and drafting services for all of the following:
- Medicaid Asset Protection Letter
- Asset Protection
- Medical Assistance Asset Protection Trusts (MAAP Trust™)
- Guardianship
- Conservatorship
Reach Out to Your Local Attorney
For help with your estate planning, Medicaid/long-term care planning, or special needs planning needs in Howard County, Montgomery County, Washington, DC and the surrounding counties, call McDonald Law Firm, LLC at 443-741-1088.