Tag Archives: estate planning
Estate Planning for Essential Workers: Finding The Right “Prescription”
To all front-line and “essential” workers: Thank you for all of your hard work – day in and day out (and often evenings, nights, and weekends). You tirelessly give of yourself to care for some of the most vulnerable people in our society. Whether you are caring for them in a hospital, therapy room,… Read More »
The Impact of COVID-19 on the Senior Community
Around the first of the year, the lives of Americans changed forever. A new virus, CODIV-19, began to spread across our country. The virus, part of a worldwide pandemic, spread quickly and silently. Virtually all aspects of life changed – businesses closed down, social distancing became a new norm, and toilet paper and hand… Read More »
COVID-19: A Lesson in the Importance of Advance Directives
In this Covid-19 pandemic, a wrenching question demands an answer: if you or someone you love is taken down by a life-threatening illness, how far would you want extreme life-prolonging measures to be tried? In this context, we will discuss the importance of advance directives Importance of Advance Directives vs. DNR Orders For us… Read More »
COVID 19: A Reminder of Why Estate Planning is Important
Coronavirus has been all over the news—and with good reason. For some people, it can turn into a serious illness if contracted. Thankfully, for the great majority of people who contract the disease, the symptoms appear to be relatively mild. Nevertheless, it is crucial for everyone, particularly those who are in good health, to… Read More »
Online Estate Planning During COVID-19 Pandemic from Start to Finish
As you have probably heard by now, keeping physical distance between us is crucial to stop the spread of the COVID-19 virus. Call or email McDonald Law Firm to find out how we can help you complete your online estate planning during COVID-19, without taking a single step outside the safe confines of your… Read More »
The Risks of DIY Wills
There has been an explosion in the numbers of Americans rushing to make their will online. Understandably, the coronavirus pandemic has created the scramble to set up wills and end-of-life-directives. However, online do it yourself wills, (or “DIY wills”) are often deemed invalid as they do not comply with all of the legal requirements… Read More »
The Benefits of Writing Your Own Obituary as Part of Your Estate Plan
An obituary can be much more than just a dry announcement of the time and location of your funeral or memorial service. It can be a way to share your life story, communicating information about significant events and people, as well as important values you would like to impart to others. You do not… Read More »
Ancillary Probate: When Is It Used, Where It Occurs, and How to Avoid It
Many people own property in more than one state—perhaps a vacation home in Florida, a rental property in a former home state, or even a car titled in another state. It is important to think about how that property will be handled as you create an estate plan. It may be necessary for there… Read More »
Ways to Hold Title to Property in Maryland and the District of Columbia
For many people, real property, including their home, is a big part of their overall net worth. How the home and other pieces of real property is titled deserves careful consideration. Real estate constitutes the land and any structure, including vegetation, crops, and other natural resources that sit on the land under the state’s… Read More »
What You Need to Know About Estate Planning for Blended Families
The structure of families has changed in the United States: According to statistics cited by the Pew Research Center, six out of ten women who remarry are in blended families, and in about half of those remarriages, stepchildren live with the remarried couple. If you or your grown children are part of a family… Read More »