By:  Matthew F. Penater, Esq. matthew@elvilleassociates.com As a Business Succession attorney, I have the opportunity to see into the internal operations of businesses, especially all the legal-related problems business owners […]

Tags: business succession, tax, taxes
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By: Olivia R. Holcombe-Volke, Esq. olivia@elvilleassociates.com In a well-drafted Last Will and Testament or Revocable Living Trust for a single person, there will be at least one provision that addresses […]

Tags: beneficiary, revocable living trust, survivorship, testator, will
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By: Stephen R. Elville, J.D., LL.M. steve@elvilleassociates.com I think we can all agree about the following:  technology has become a dominant force in our lives; most of us use one […]

Tags: digital assets, estate planning
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Olivia R. Holcombe-Volke, J.D. olivia@elvilleassociates.com A spendthrift clause is a provision that protects assets or certain trusts against the creditors of a beneficiary of those trust assets.  In practice, this […]

Tags: beneficiary, spendthrift clause, spendthrift clauses, spendthrift trust
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Barrett R. King, J.D. barrett@elvilleassociates.com No one starts a business (or a marriage, for that matter) with the intention of leaving it. Yet it does happen. Partnerships, like marriages, take […]

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By:  Lindsay V.R. Moss, J.D. lindsay@elvilleassociates.com Aid and Attendance Improved Pension Benefit … never heard of it?  If so, you are not alone.  It’s a little known benefit offered through […]

Tags: Aid & Attendance, veterans administration
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Authored by: Matthew F. Penater, Partner – Elville and Associates 443-393-7696 matt@elvilleassociates.com In the world of estate planning, the words “probate assets” and “non-probate assets” are used often, though in […]

Tags: non-probate assets, probate, probate assets
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By: Olivia R. Holcombe-Volke, Esq. olivia@elvilleassociates.com Effective estate planning must contemplate not only your own desires or preferences as to whom or what will receive your estate after death, but […]

Tags: beneficiary, estate, estate plan, inheritance, public benefits
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