Archive for the ‘Estate Planning’ Category
Do You Want to Protect Your Personal Assets from the Claims of Business Creditors? Here’s How…
By: Matthew F. Penater, Esq.- matt@elvilleassociates.com, 443-393-7696 Creating a corporation or other limited liability entity is the first step to protecting your personal assets from claims of business creditors. However, failure to adhere to the requirements of the corporate code could reduce that corporate protection. Holding annual meetings, maintaining corporate records, and properly […]
A Good Rule of Thumb for Updating an Estate Plan
Authored by: Verena Meiser, Esquire—Elville and Associates verena@elvilleassociates.com, 443-393-7696 Several years ago I heard this simple rule of thumb, which I like to share with my clients, since they like to know how frequently they should review their estate plan: Rule of Thumb: A good time to review your estate plan and update your […]
The First Meeting with Your Estate Planning Attorney
By: Verena Meiser, Esq.—verena@elvilleassociates.com, 443-393-7696 New clients often wonder what to expect from their first meeting with their estate planning attorney and how to prepare for the meeting. Whether you already have an estate plan or are ready to set up your first estate plan, expect to have an open conversation with your estate planning […]
Providing Personalization to Your Advanced Medical Directive
By: Olivia R. Holcombe-Volke, Esq. It is rare to find someone who enjoys contemplating what they want done in the event they are suffering from a terminal condition that will lead to death, or are in a persistent vegetative state, or are incapacitated and affected by an end stage condition that will continue until one’s […]
Disinheriting a Spouse – Statutory Limitation in Maryland
Authored by: Bridgette E. Becker, Esq. – 443-393-7696, bridgette@elvilleassociates.com Estate planning attorneys have clients with many different situations prompting the need for scheduling consultations to discuss estate planning. Every so often, an attorney has a client come to their office with the intention of disinheriting a family member who would otherwise inherit under the laws […]
Ensure Your Pet is Cared for as You Wish
By: Bridgette E. Becker, Esq Elville and Associates Did you know you can provide for your pets after you have passed away? Approximately 60% of households in the United States currently own at least one pet. Although many people may make informal agreements with family members or friends to care for their pets if they […]
The Elville Center for the Musical Arts Continues to Grow
By: Jeffrey Stauffer, Director, The Elville Center for the Musical Arts 443-393-7696, jeff@elvilleassociates.com Since its inception in mid-2014, The Elville Center for the Musical Arts, the firm’s 501(c)(3) non-profit corporation, has partnered with local and regional businesses such as Music and Arts, WBJC 91.5 FM, and recently The Columbia Orchestra and local schools to […]
Don’t Let Your Estate Planning Documents Make You a Target for Identity Theft
Author: Verena Meiser, Esq., Senior Associate—verena@elvilleassociates.com Again and again, I meet with clients whose estate planning documents list their birthdates, names and social security numbers on the first page. Since there is no need to include a social security number on any estate planning document, the practice of doing so represents unnecessary exposure and […]
Trusts as Useful Estate Planning Tools
This article was written by: Bridgette E. Becker, Esq. bridgette@elvilleassociates.com, 443-393-7696 Revocable Trusts can be extremely effective estate planning tools. Trusts can offer protection to those who you wish to leave assets to after you pass away. When a Will is probated, those listed in the Will receive any bequest outright which may […]
Estate Planning Considerations for Non-Citizens of the U-S
Written by Verena Meiser, Senior Associate, Elville and Associates Non-citizens need to be aware that some of the estate tax planning techniques commonly used for U.S. citizens are not available to them. Here are just some of the estate and gift tax differences an estate planning attorney can address and provide guidance for. (1) Gifting […]
