Client Education | Collaboration | Compassion
Planning for Life, Planning for Legacies.
The Elville and Associates Difference
The attorneys at Elville and Associates partner with our clients and their families to create solutions for their needs, be they related to estate planning, elder law, special needs planning, estate and trust administration, and more. The education of our clients and communities we serve through counseling and use of the very best legal-technical knowledge available is the practical mission of Elville and Associates. We work every day to be very responsive to our clients’ every need with compassion and through high-level collaboration.
Elville and Associates serves clients throughout Maryland, the Washington Metro area, and the Eastern Shore.
Welcome to Elville and Associates – “Planning for Life, Planning for Legacies.”
We are here to help you through all of life’s transitions.
MEET OUR TEAM
The attorneys at Elville and Associates engage clients in a multi-step educational process to ensure that estate, special needs and elder law planning works from inception, throughout lifetime, and at death. Clients are encouraged to take advantage of the Planning Team Concept for leading edge, customized planning. The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates. Proudly serving clients in Central Maryland, the Washington Metro Area, and the Eastern Shore.
ELVILLE AND ASSOCIATES ESTATE PLANNING, ELDER LAW AND SPECIAL NEEDS PLANNING
What is Estate Planning?
Estate Planning is not just for the disposing of assets, it is also a way to pass on your values and ideas – your intellectual capital, as well as lifetime beliefs, possibly multi-generational in nature, the things that you (and your ancestors) hold dear.
What is Elder Law?
Elder Law is estate planning for those persons who are ages 55 or above, or for those persons who have a disability or illness. Put another way, generally Elder Law is estate planning for older adults who do not have taxable estates but who are concerned about asset protection in the “Medicaid” context. An Elder Law consultation help address older clients concerns regarding disability and long-term care planning rather than estate tax avoidance. Our Elder Law clients generally do not have estate tax problems - they have long-term care and asset preservation concerns, as well as incapacity management needs.
What is Estate and Trust Administration?
Estate and Trust Administration is arguably the most important aspect of our work at Elville Associates as it represents the final phase of the client’s estate planning. It is at this final administration stage of the estate or elder law plan that assets are distributed in the manner chosen by the client – grandchildren’s education trusts are funded, children’s assets protection trusts (Legacy Trusts) are funded, surviving spouses are provided for, special needs children receive their shares in the proper fashion, estate tax elections are made, and much more. Because of the importance of proper estate and trust administration, it is critical not to “go it alone,” and even more importantly, not to ignore the passage of time, as many critical dates and related actions are required after death.
What is Special Needs Planning?
When addressing a special needs planning situation, be sure to speak with an attorney who understands the nuances of the special needs planning process. Elville and Associates’ Stephen R. Elville, J.D., LL.M., Principal, is a member of the Academy of Special Needs Planners and is well-versed in the special needs planning arena. Contact our office today with any questions related to your special needs situation.
SEE WHAT OUR CLIENTS ARE SAYING
Understanding the New SECURE Act - INCOMING!!
On March 7, 2020 at our recent Client Care Program continuing legal education event at Anne Arundel Community College, I stated that the SECURE Act, and the income tax ramifications it has for most of our clients (mainly, the acceleration of income tax to beneficiaries of inherited IRAs), is arguably the most important tax and asset protection issue clients have been presented with in the past 10 years. Before we go any further, amidst all the confusion there are, in my view, basically two main issues (or questions) clients and their families need to address.
The Philosophy of a Client Care Program – Intentionalism
May 7, 2020 – You are searching for a client care program (whether you know it or not). Yes, you are. Whether you are consciously aware of this or not is the purpose of this article. You do want your estate plan – your Last Will and Testament; or your will substitute, your Revocable Living Trust, to work as you intend it to. You want the terms and provisions of those documents – your documents – to accurately reflect your current thinking and address the current circumstances of your life and the lives of your family members...
Practical Guidance for Estate Planning, Elder Law, and Special Needs Planning at a Time of World and National Health Crisis – Coronavirus (COVID-19)
March 31, 2020 – At present there are few things more important than containing and stopping the spread of COVID-19, taking care of those who are infected, supporting doctors, nurses, other medical personnel, and hospitals, providing vital masks, ventilators, protective and other equipment that is urgently needed, and sympathizing and supporting those who have lost loved ones (in Maryland, in the U.S., and around the world). Elville and Associates urges Marylanders and any persons reading this article to adhere to CDC, national, state, and local pronouncements and policies concerning safety, social distancing, and sheltering in place as absolutely essential to saving lives and minimizing suffering.