Legacy Planning

Steve Elville gave a presentation today during the Waxter Wisdom Day series at the Waxter Senior Center in Baltimore City. Many Seniors were in attendance and presented many questions that Mr. Elville answered in a Q&A session. Many seniors planning for the future of their legacy may not realize their position until posed with the …

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Maryland’s New MOLST: What is it?

By Stephen R. Elville, J.D., LL.M. Many clients have expressed to me that they consider their Advance Medical Directive to be the most important of all their legal documents. Whether or not this is the case for you, it is clear that Advance Medical Directives are of tremendous importance to the individuals who take the …

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Who Qualifies for Veteran’s Benefits?

To qualify for the VA Improved Pension benefits: The veteran must have served at least 1 day during a qualified war period. The veteran must have served at least 90 days of active duty. The veteran must have received a better than dishonorable discharge. The claimant must be over the age of 65 or permanently …

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What is Estate Planning?

Estate Planning is the process of giving your assets to who to want, the way you want, in the most efficient way possible. 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 …

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Who is Qualified to Help with Veteran’s Benefits?

Accredited VA planning attorneys are uniquely qualified to help clients with Veteran’s Benefits; they take a comprehensive approach, ensuring the client is protected. They manage the complexities associated with qualifying for the VA Improved Pension, while protecting clients from other financial hardships. The local law firm, Elville & Associates, led by Principal, Stephen R. Elville, …

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VA Pension Amounts

For those who qualify, The VA pension can significantly improve the quality of life. The current maximum VA Pension amounts, based on claimant needs and marital/dependent status, range from $648-$2019 per month. To receive more detailed information on qualifying amounts, contact Elville and Associates Principal, Stephen R. Elville, J.D., LL.M. at 443-393-7696. For more information, …

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Ten Things to Look For in An Estate Planning Attorney or Elder Law Attorney

  1)  Provides a warm, empathetic approach and caring environment. 2)  Planning attorney is a counselor and not just a technician. 3)  Clients are provided with a unique estate planning or elder care experience and not just a transaction. 4)  Provides an interactive planning process in partnership with the client and with emphasis on client …

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Maryland’s new Statutory Power of Attorney Law

For decades, powers of attorney in Maryland were unregulated. However, that is no longer the case with Maryland’s new statutory power of attorney. Simply put, it is a form that is codified in the laws of Maryland which: (1) clearly sets forth the responsibilities that your agent (your chosen trusted fiduciary) has to you, the …

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Successful Estate Planning

While many varieties of estate planning are available, at Elville & Associates we do not practice the traditional 2-3 meeting planning process. Our approach is more comprehensive and long term. We need to: really get to know our clients to address their concerns thoroughly review all choices and planning options with the client understand the …

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How to Decide About Gifting

Begin with a clear understanding. First, a gift is property irrevocably given or transferred without restrictions. The gift tax is a tax imposed on the transfer of gifted property during your lifetime, the value of which property exceeds the gift tax exemption.