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Disability Panels to Take Back Control

Creating an estate plan is an admission of your mortality. The admission that you will die is difficult, but “common to man”. However, what happens if you don’t die? That is, you could become incapacitated before you die. Incapacity planning is an essential but often...

How Does a Revocable Living Trust Avoid Probate?

A revocable living trust is a legal document that allows you to transfer your assets to a trust during your lifetime. The trust then becomes the legal owner of your assets, and you can continue to manage and use them as the trustee of the trust. One of the primary...

Revocable Living Trusts: What Are They?

A revocable living trust is a legal document that allows you to transfer ownership of your assets to a trust during your lifetime. As the grantor or creator of the trust, you can serve as the trustee and retain control over the assets, while also designating a...

What You Need to Know About Beneficiary-Controlled Trust

Would you like to provide your children or loved ones with an inheritance but protect them from the risks that may accompany a large windfall? If so, you can create a beneficiary-controlled trust in which the person you name as the trust’s primary beneficiary has...

All Good Things Must Come to an End: Reasons a Trust Might Terminate

Nothing lasts forever. While trusts can stretch across generations and keep valuable money and property within a family, no trust has unlimited funds or an interminable time horizon. Every trust, at some point, will end. Maryland law, however, has a unique feature...