Elville and Associates Blog

Webinar – The Essentials of Estate Planning and Elder Law
2024-01-03 05:00 - 06:30 (America/New_York)
This webinar is an in-depth overview that will thoroughly educate attendees about the essentials of estate and elder law planning.
Presented by Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville, in our Estate Planning and Elder Law Essentials webinar Steve will thoroughly educate attendees about estate planning and incapacity planning issues. Some of the topics he will address include:
— understanding the planning process, including the reasons for estate planning
— wills vs. trusts
— probate vs. non-probate and understanding non-probate devices
— the absolute importance of incorporating “flexibility” in your planning
— planning for incapacity
— understanding the importance of financial powers of attorney, advance medical directives and MOLST
— Medicaid — myths versus reality
— estate tax planning
— asset protection and protecting shares for children and grandchildren
— understanding why having outdated documents could provide challenges in the future
— how to achieve perfection for your legacy
To RSVP/register ahead of time and receive your personal link to attend, please click here. Should you have any questions before the webinar, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or 443-393-7696 x117.
Open to clients, financial advisors, and the general public, 1.5 continuing education hours are available for professionals who attend this presentation. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries

Webinar: PROBATE – What Is It? And How Can It Be Avoided?
2024-01-09 05:00 - 06:00
Join Elville and Associates’ Senior Principal and senior elder law attorney Lindsay V.R. Moss for this insightful webinar presentation about probate and how it can be avoided.
Many people are concerned when they hear the word “probate”; however, this is simply a term used to describe the court-supervised process of distributing an estate after one passes away.
Most people, though, if they understood their options would choose to avoid the probate process for several reasons. In this webinar Lindsay will discuss the following:

What is probate and the general process?
What are the reasons people want to avoid probate?
How can probate be avoided?

Trusts
Beneficiary designations
POD/TOD
Life estates

To RSVP and receive your personal link to attend, please click here. Should you have any questions beforehand, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com or 443-393-7696 x117. We look forward to hosting you!
#elvilleeducation

Webinar – What Families Need to Know About Planning for a Loved One with Special Needs
2024-01-17 05:00 - 06:30
Presented by Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville, webinar attendees will come to understand what is involved in the planning process for a special needs family and the importance of preserving your loved one’s financial security and quality of life.
The key issues of understanding the role of public benefits, making decisions about the future, Maryland ABLE, and using estate planning and trusts to protect assets will be discussed along with the types of special needs trusts and their specific purposes (along with who the decision makers and beneficiaries can be in these trusts). Also, to be touched upon will be the “planning team concept” — how your planning team (attorney, financial advisor, CPA) — can work together to help provide your family peace of mind during the special needs planning process.
To receive your personal link to attend ahead of time, please click here . Should you have questions, please contact Community Relations Director Jeff Stauffer at 443-393-7696 x117.
Open to clients, advisors and the general public. For Certified Financial Planners, CPAs, and other professionals 1.5 continuing education hours will be available for attending this presentation. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries

The Essentials of Estate Planning and Elder Law
2024-01-23 14:00 - 15:30
Join Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville, J.D., LL.M., as we partner with Timmick Financial Group and Retirement Planning Specialist Mark Timmick, CRPC®, AIF® for our semiannual three-evening Retirement Planning Webinar Series.  Each evening is purely educational in nature and no cost to attend.  Evening one will feature Steve discussing estate planning and elder law essentials – “excellent estate planning” – and will include the following topics:

Probate vs. non-probate, will-based plan vs. a revocable trust-based plan, and pros and cons of each
How to properly protect assets so the most possible passes to your spouse, children and grandchildren
How outdated documents create problems in the future, and how to achieve perfection for your legacy
How to plan for incapacity and avoid guardianship
How to define specific goals for your family’s unique planning needs and circumstances
Help ensure family harmony while settling your estate
Why many estate plans fail and the steps you can take to ensure success for your family

To RSVP for the presentation ahead of time or to RSVP for Wednesday, January 24th’s “Social Security Planning” or Thursday, January 25th’s “Maximizing Retirement Income” webinars, please click here.
Should you have questions ahead of time, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com or Timmick Financial’s Gail Timmick at gail@timmickfinancial.com. We look forward to seeing hosting you!
#elvilleeducation

Webinar – The Critical Need to Update Your Estate Planning
2024-01-26 05:00 - 06:30
Estate plans can fail to work as intended especially if they are not updated and maintained over the course of a lifetime. Whether your estate plan works as you anticipate when you are no longer alive is a question not only of your intentions but of the diligence and effort that you are willing put into your estate plan over time. In this sense, estate planning is a marathon, not a sprint or a single event.
In this webinar presentation, Managing Principal and Lead Attorney Stephen R. Elville will discuss the importance of maintaining and updating your estate planning and coordinating your asset alignment with your estate plan, especially for seniors. Mr. Elville will also outline a step-by-step process to avoid the complete or partial failure of your estate plan.
Presentation points of interest will include:
– Understanding your purpose and the estate planning process
– Understanding client and fiduciary education and its relationship to success in estate planning
– Understanding the role incapacity planning plays in the success of your estate plan
– Understanding partnership and the maintenance and updating process
– Understanding asset alignment and the “funding” of your estate plan
– Why being Intentional in estate planning matters
– Why knowing what you want out of estate planning matters
– Understanding the document review process and how to take next steps to achieve estate planning perfection
To RSVP and receive your personal link to attend, please click here. Should you have any questions before the webinar, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or 443-343-8529 x117. We look forward to hosting you!
Open to clients, financial advisors, and the general public, 1.5 continuing education hours are available for most professionals who attend this presentation.
#elvilleeducation
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Webinar – Understanding Estate and Trust Administration
2024-01-31 05:00 - 06:30, 2024-05-29 10:00 - 11:30, 2024-08-21 10:00 - 11:15
Presented by the Elville Webinar Series and Elville and Associates’ Managing Principal and Lead Attorney Stephen Elville, this webinar will delve into the situations that arise after the death of a client, client’s family member, or loved one and the trust and estate administration that takes place during that time. Helping advisors and family members understand what their roles are in helping clients and loved ones through the legal process, what that legal process is, and how advisors and other planning team members can best work together in support of clients is of paramount importance during this challenging time for all involved.
Learning Objectives:
— unraveling the mystery of what happens after the death of a client or loved one
— minimizing confusion and providing maximum support to clients and loved ones at a time of crisis
— what is the legal step-by-step process that needs to be taken after death?
— what are the practical steps that should be taken after death?
— examining the most significant and potentially problematic legal and tax issues advisors and family members should be aware of in the months following the death of a client or loved one
— how financial advisors, CPAs, and attorneys can best work together in support of clients
Please click here to RSVP ahead of time and receive your personal webinar link to attend. Should you have any questions before the event, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or 443-343-8533 x117.  We look forward to hosting you!

#elvilleeducation
#elvillewebinarseries

The Essentials of Estate Planning and Elder Law
2024-02-05 14:00 - 15:30
Join Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville, J.D., LL.M., as we partner with Timmick Financial Group and Retirement Planning Specialist Mark Timmick, CRPC®, AIF® for our semiannual three-evening Retirement Planning Webinar Series.  Each evening is purely educational in nature and no cost to attend.  Evening one will feature Steve discussing estate planning and elder law essentials – “excellent estate planning” – and will include the following topics:

Probate vs. non-probate, will-based plan vs. a revocable trust-based plan, and pros and cons of each
How to properly protect assets so the most possible passes to your spouse, children and grandchildren
How outdated documents create problems in the future, and how to achieve perfection for your legacy
How to plan for incapacity and avoid guardianship
How to define specific goals for your family’s unique planning needs and circumstances
Help ensure family harmony while settling your estate
Why many estate plans fail and the steps you can take to ensure success for your family

To RSVP for the presentation ahead of time or to RSVP for Tuesday, February 6th’s “Social Security Planning” or Wednesday, February 7th’s “Maximizing Retirement Income” webinars, please click here.
Should you have questions ahead of time, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com or Timmick Financial’s Gail Timmick at gail@timmickfinancial.com. We look forward to seeing hosting you!
#elvilleeducation

Webinar: Understanding Maryland’s New Decanting Law – Going Beyond the Vineyard
2024-02-21 05:00 - 06:00
On October 1, 2023, the Maryland Decanting Act became effective new law in Maryland. As 2024 is well underway, and with Maryland now having its own decanting law, clients, financial advisors, CPAs, and other collaborative advisors, need to understand the fundamentals of this new law, and how decanting is arguably the most aggressive and extreme power in estate planning.
In this concise one-hour presentation, Stephen Elville, Managing Principal and Director of Operations at Elville and Associates, P.C., a leading estate planning and elder law firm in Maryland, will lead a discussion about the major things clients, financial advisors, CPAs, and other collaborative advisors need to know about the effects, pros and cons, including risks and rewards, of the new decanting law. Mr. Elville will take questions both during and after the presentation, and is available for new client meetings, as well as problem-solving, educational, practice growth, and other one-on-one or group discussions.
Topics of discussion will include:
– Understanding why many trusts aren’t permanent in 2024 – what is Decanting, and how it came about that your trust could someday be changed
– Why there’s a need for flexibility in estate planning, and what does that look like in 2024
– History of decanting and trust flexibility tools in Maryland
– What is a clients’ “exposure” to decanting now, and does this mean a possible disruption of a client’s estate plan?
– Do clients have a choice about this? “I liked my old wine”, says Sally …
– Advantages and disadvantages of decanting
– Brief overview of the new Maryland Decanting Statute
– Examples
To receive your personal link to attend ahead of time, please click here.
One continuing education hour is available for most advisors who attend this webinar. Should you have questions, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or 443-393-7696 x117. We look forward to hosting you!

Webinar – Quick Start 2024: Hot Topics in Estate Planning – What Advisors Need to Know
2024-02-28 05:00 - 06:30
As 2024 begins, the estate planning community collectively addresses issues for the year ahead.
In this one-hour presentation, Stephen Elville, Managing Principal and Director of Operations at Elville and Associates, P.C., a leading estate planning and elder law firm in Maryland, will lead a discussion about the major things financial advisors, CPAs, and other advisors need to know in 2024. Mr. Elville will take questions both during and after the presentation, and is available for problem-solving, educational, practice growth, and other one-on-one or group discussions.
Topics of discussion will include:
⁃ The general planning outlook for 2024 and top-of-mind issues for advisors
⁃ The new Maryland Decanting Act
⁃ The power of powers of attorney and the updated Maryland statutory power of attorney
⁃ Looming changes in the estate tax exemptions – clients should plan now
⁃ Corporate Transparency Act
⁃ Elder abuse – advisors on the front lines
To RSVP and receive your personal link to attend the webinar, please click here. Should you have any questions beforehand, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or at 443-393-7696 x117. We look forward to hosting you!

ABLE Accounts: A Financial Tool to Promote Health, Independence, and Financial Stability
2024-03-06 05:00 - 06:30
People with disabilities face barriers to economic and financial stability. People receiving federal and state means tested benefits such as SSI and Medicaid are not permitted to have assets over $2,000 without jeopardizing their vital benefits. This asset limit has created a cycle of poverty for people with disabilities by forcing it those receiving public benefits to spend down their assets just to maintain their benefits. The Stephen Beck Jr. Achieving A Better Life Experience (ABLE) Act, passed in 2014 has made it possible for people with disabilities to save for everyday expense and invest for the future without jeopardizing their vital benefits. With an ABLE account, people with disabilities can build self-reliance as they can save for their goals as well as pay for the additional costs of living with a disability while still maintaining waiver benefits such as food, energy and housing assistance. According to the National Association of State Treasurers (NAST) there are 150,615 ABLE accounts nationwide with $1.49 billion in assets. Still there are many people with disabilities who are not benefiting from an ABLE account because they either have not heard of ABLE or do not understand how ABLE programs work.
Presented by Maryland ABLE’s Outreach and Communications Manager Kelly Nelson, attendees of this presentation will learn about the ABLE Act, the eligibility criteria, account management process, how funds can be used to pay for qualified disabilities expenses, tax-advantaged savings and investment options, online gifting and a prepaid card for easy access to funds.
To RSVP and receive your personal link to attend, please click here. Should you have any questions before the webinar, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or 443-343-8529 x117. We look forward to hosting you!
Open to clients, financial advisors, and the general public, 1.5 continuing education hours are available for most professionals who attend this presentation.
#elvilleeducation
#elvillewebinarseries

Webinar – The Essentials of Estate Planning and Elder Law
2024-03-14 06:00 - 07:30
This webinar is an in-depth overview that will thoroughly educate attendees about the essentials of estate and elder law planning.
Presented by Elville and Associates’ Senior Associate Attorney Renee Boyd, in our Estate Planning and Elder Law Essentials webinar Renee will thoroughly educate attendees about estate planning and incapacity planning issues. Some of the topics she will address include:

Why many estate plans fail and the steps you can take to ensure success for your family
Probate vs. non-probate, will-based plan vs. a revocable trust-based plan, and pros and cons of each
How outdated documents create problems in the future, and how to create a legacy for future generations
How to plan for incapacity and avoid guardianship
How to define specific goals for your family’s unique planning needs and circumstances
Help ensure family harmony while settling your estate

To RSVP/register ahead of time and receive your personal link to attend, please click here. Should you have any questions before the webinar, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or 443-393-7696 x117.
Open to clients, financial advisors, and the general public, 1.5 continuing education hours are available for professionals who attend this presentation. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries

Webinar – The Wellness Series: The Power of Relationships
2024-03-19 06:30 - 07:30
In a special edition of the Elville Webinar Series’ Wellness Series, Dr. Michelle Fritsch and Ms. Ellen Platt will explore with you how to enhance and even add to your collection of relationships. They will explore with you family, friends, community, and ways to meet new people.
Topics of discussion will include:
– Talking about building relationships through giving.
– Resources to help you find people with similar interests
– Tips to expand your communication skills
– Guidance to keep you safe out there
To RSVP for the presentation and receive your personal link to attend, please click here.
Featuring nationally renowned speakers Ms. Ellen Platt, a certified Aging LifeCare Manager and President of The Option Group, and Dr. Michelle Fritsch, a board certified, doctoral trained health professional and founder of Retirement Wellness Strategies, this presentation is one you will not want to miss!
Should you have any questions before the webinar, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or at 443-393-7696 x117. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries
“wellnessseries”

Webinar – What Families Need to Know About Planning for a Loved One with Special Needs
2024-04-03 10:00 - 11:30
Presented by Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville, webinar attendees will come to understand what is involved in the planning process for a special needs family and the importance of preserving youra loved one’s financial security and quality of life.
The key issues of understanding the role of public benefits, making decisions about the future, Maryland ABLE, and using estate planning and trusts to protect assets will be discussed along with the types of special needs trusts and their specific purposes (along with who the decision makers and beneficiaries can be in these trusts). Also, to be touched upon will be the “planning team concept” — how your planning team (attorney, financial advisor, CPA) — can work together to help provide your family peace of mind during the special needs planning process.
To receive your personal link to attend ahead of time, please click here. Should you have questions, please contact Community Relations Director Jeff Stauffer at 443-393-7696 x117.
Open to clients, advisors and the general public. For Certified Financial Planners, CPAs, and other professionals 1.5 continuing education hours will be available for attending this presentation. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries

Webinar – The Financial Planning Aspects of Estate Planning
2024-04-25 06:00 - 07:15
Join Senior Associate Attorney Shannon Werbeck for a discussion regarding the financial planning aspects of estate planning. Estate planning is so much more than a static set of documents. Learn why your estate plan needs to work in concert with the rest of your financial plan and why your estate planning attorney should be an integral part of your “planning team” – your financial planner/financial advisor, CPA, and other professionals – to ensure your plan works smoothly and as intended.
Topics to be discussed include:
– How do Estate Planning and Financial Planning overlap?
– Asset Alignment/Funding of the Estate Plan: Why is this so vital, and what does it mean?
– Beneficiary Designations: When, Why, How – Addressing the nuances depending on the type of estate plan, the type of asset, and the specific beneficiaries
– The Financial Planner/Financial Advisor: Why this is an integral piece in the success of an estate plan, from inception to ultimate administration
– Why being “Intentional” through a process in your Estate Planning matters – a lot!
– The importance of the Advisory Team – what kind of team do you have?
To RSVP for the webinar ahead of time and receive your personal link to attend, please click here.
Open to clients, financial advisors, and the general public, 1.5 continuing education hours will be offered to CFPs, CPAs, and other professionals who attend. Should you have any questions beforehand, please contact Community Relations Director Jeff Stauffer at 443-393-7696 x117 or at jeff@elvilleassociates.com. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries

Webinar – The Essentials of Estate Planning and Elder Law with Stephen R. Elville
2024-05-15 10:00 - 11:30
Presented by Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville, this webinar is an in-depth overview that will thoroughly educate attendees about the essentials of estate and elder law planning.
Some of the topics he will discuss include:
1) What is an Estate Plan and what is the process? Why is it important to have a process?
2) Why most Estate Plans don’t work as intended and what you can do to avoid planning failure
3) Wills versus Trusts and understanding probate and non-probate concepts
4) Understanding the importance of financial powers of attorney, advance medical directives and MOLST
5) Elder Law, Taxation, and Asset Protection – what these concepts mean in today’s planning
6) Understanding why having outdated documents could provide challenges in the future
7) The absolute importance of incorporating “flexibility” in your planning, and how to achieve perfection for your legacy
8) Getting started – how to take the next steps
To receive your personal link to attend, please click here. Should you have any questions before the webinar, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or 443-393-7696 x117.
Open to clients, financial advisors, and the general public, 1.5 continuing education hours are available for professionals who attend this presentation. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries

Webinar – Life and Long-Term Care Insurance in Today’s Marketplace
2024-05-23 10:30 - 11:45
Join Elville and Associates as we welcome Max Reamer, Advisor with The Quantum Group, as he discusses what to look for in today’s life and long-term care insurance market when obtaining new policies and evaluating policies that are already in force.

Furthermore, Mr. Reamer will provide clarity around underwriting, which is the first line of defense to ensure a client has the most cost-efficient policy.

To RSVP for the webinar and receive your personal link to attend, please click here.
Should you have any questions before the webinar, please contact Elville and Associates’ Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or by phone at 443-393-7696 x117. We look forward to hosting you!

#elvilleeducation
#elvillewebinarseries

Webinar: Demystifying Reverse Mortgages and Renovation Mortgages: Empowering Your Financial Future
2024-06-20 10:00 - 11:30
Join Elville and Associates for an informative and engaging webinar designed to unravel the complexities of reverse mortgages and renovation mortgages. This comprehensive session is perfect for homeowners, prospective buyers, and financial advisors looking to deepen their understanding of these unique financial tools.
We’re pleased to welcome back Mortgage Advisor Marie Ritzenberg (NMLS# 215246) of Main Street Home Loans as she is joined by Tom Lauman (NMLS# 2419155), Reverse Mortgage Specialist of Main Street Home Loans!
Webinar Overview:
Part 1: Reverse Mortgages
• What is a Reverse Mortgage?
o Understanding the basics: How reverse mortgages work.
o Eligibility criteria and application process.
o Utilization for a home purchase OR a refinance.
• Benefits and Considerations:
o Pros and cons: Evaluating if a reverse mortgage is right for you.
o Common myths debunked.
• Real-Life Scenarios:
o How reverse mortgages have benefited real homeowners.
Part 2: Renovation Mortgages
• What is a Renovation Mortgage?
o Exploring different types of renovation mortgages (e.g., FHA 203(k), Home-Style Renovation Mortgage).
o Utilization for a home purchase OR a refinance.
o Eligibility and application process.
• Planning Your Renovation:
o Budgeting and project planning: Ensuring your renovation adds value.
o Working with contractors and understanding renovation costs.
• Financial Benefits:
o Increasing home value: How to maximize your investment.
o Tax benefits and energy-efficient upgrade incentives.
o Healthy Aging In Place Credits
• Real-Life Scenarios:
o Success stories: Homeowners who transformed their spaces with renovation mortgages – before & after.
Q&A Session:
• Get your questions answered by our mortgage industry experts.
To RSVP and receive your personal link to attend please click here! For CFPs, CPAs, and most other professionals, 1.5 continuing education hours will be available for attending this presentation.
Should you have any questions before the webinar, please contact Elville and Associates’ Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or 443-393-7696 x117.
#elvilleeducation
#elvillewebinarseries

Webinar – The Advisors’ Forum: The New Corporate Transparency Act – What Advisors Need to Know
2024-06-21 10:00 - 11:00
Presented by Elville and Associates’ Managing Principal and Lead Attorney Stephen Elville, our second quarter Advisors’ Forum will focus on the new Corporate Transparency Act and reporting requirements involved in this new law.
Effective January 1, 2024, the Corporate Transparency Act (CTA) requires many business entities – such as corporations, limited liability companies (LLCs), and other similar entities – formed or operating in the United States to file Beneficial Ownership Information Reports (BOIR) with the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury.
The CTA is part of the National Defense Authorization Act and includes significant reforms to anti-money laundering laws and is intended to help prevent and combat money laundering, terrorist financing, corruption, and tax fraud. It is the first ever federal legislation requiring the reporting of beneficial owners and is expected to impact more than 32 million existing businesses and over five million newly formed businesses per year going forward.
Topics include:
• Background about the CTA
• What are “Reporting Companies,” Company Applicants,” and “Beneficial Owners?”
• Who must file a “Beneficial Ownership Information Report (BOIR)?”
• What must be reported to the Financial Crimes Enforcement Network (FinCEN)?
• What are the exemptions?
• What steps must one take to comply?
• Filing deadlines and potential pitfalls, compliance and penalties
To RSVP ahead of time and receive your personal link to attend, please click here.
Should you have questions ahead of time, please contact Community Relations Director Jeff Stauffer at 443-216-9626 x117 or jeff@elvilleassociates.com.
For Certified Financial Planners, CPAs, and other professionals, 1.0 continuing education hour will be available for attending this presentation. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries

Webinar – Estate Planning Essentials
2024-08-14 10:00 - 11:15
Presented by Elville and Associates’ Senior Associate Attorney Shannon Werbeck, attendees will be educated about a wide range of topics and leave with a solid foundation of estate planning knowledge to help you, in partnership with your attorney, get started with your planning or update your plan that is long overdue.
Some of the topics Ms. Werbeck will address include:
— understanding the planning process, including the reasons for estate planning
— wills vs. trusts
— probate vs. non-probate and understanding non-probate devices
— the absolute importance of incorporating “flexibility” in your planning
— planning for incapacity
— understanding the importance of financial powers of attorney, advance medical directives
— asset protection for children
To register and receive your personal link to attend, please click here!
For most professionals who attend, 1.5 continuing education hours will be available.
Should you have any questions before the webinar, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or at 443-393-7696 x117. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries

In Person Presentation: Let’s Talk About Your Legacy – A Discussion About Wills and Advance Directives
2024-08-26 15:00 - 16:00
This presentation is in partnership with Friends House Retirement Community, based in Sandy Spring, Maryland. The information below is being shared on behalf of Friends House and was created by Friends House as well.
Greetings from Friends House Retirement Community!
August is National Make a Will Month. Did you know that while more than half of Americans think having a will is important, only a third have one?
Creating a will is one of the most important steps you can take to ensure your wishes are honored. Yet, many people delay this vital task. Here at Friends House, we understand that the process can seem overwhelming, but it doesn’t have to be.
A will allows you to:

Provide for your loved ones and avoid family disputes.
Support charitable organizations that reflect your values.
Specify how your assets are distributed.

Here are a few reasons why having a will is crucial:

Control Over Your Estate: Without a will, state laws will determine how your assets are distributed, which may not align with your wishes.
Support Charities: You can leave a legacy by donating to causes you care about.
Minimize Taxes: Proper estate planning can help reduce the taxes that your heirs will have to pay.

Throughout August, we’ll be sharing more information about the importance of wills and how you can create or update yours. Your legacy can make a lasting impact on the lives of your loved ones and the residents of Friends House.
To learn more, read our latest blog post: Why August is the Perfect Time to Plan Your Legacy.
Friends House is pleased to host a special in person presentation by Attorney Lilly Hummel from Elville and Associates. In honor of National Make a Will Month, this event will provide valuable insights on wills and estate giving, helping you plan your legacy with confidence. to RSVP to the event, please email Friends House Director of Development Anne Derby at ADerby@friendshouse.com.

Webinar – Planning for the Future and Using Real Estate as a Vehicle
2024-08-30 10:00 - 11:30
Unlock the potential of real estate to fast-track your retirement plans! Part three of our webinar series with Main Street Home Loans Mortgage Advisor Marie Ritzenberg is designed to provide you with the knowledge and strategies needed to leverage real estate investments for a secure and prosperous retirement.
Webinar Overview:
Introduction to Real Estate Investing

The Power of Real Estate:

Why real estate is a robust investment for retirement.
Historical performance and future trends in real estate markets.
Residential: single family, multi-unit properties, second homes, rentals

Building Your Real Estate Portfolio

Getting Started:

How to assess your financial readiness and set realistic goals.
Identifying the right properties and locations for investment.

Financing Your Investments:

Mortgage options, leveraging equity, and alternative financing methods (including DSCR).
Tips for securing the best financing structure/terms.
Utilizing 1031 exchange to defer tax implications

Long-Term Wealth Building:

Passive Income Streams:

Strategies for generating steady rental income.
Short-term rentals vs. long-term leases: What’s best for you?

Exit Strategies:

Estate Planning and Leaving a Legacy

Q&A Session:
o General Q&A session. Can schedule call/consult for your personalized scenario.
Why Attend?

Gain comprehensive insights into real estate investing as a retirement strategy.
Learn actionable techniques to build and manage a profitable real estate portfolio.
Connect with experts to begin or accelerate your investment plans.

Registration: Secure your spot today and receive your personal link to attend by clicking here. Don’t miss this opportunity to learn how to accelerate your retirement goals through smart real estate investments.
Who Should Attend?

Individuals planning for retirement and looking for alternative investment strategies.
Financial advisors seeking to offer more comprehensive retirement planning services.
Anyone interested in leveraging real estate to build long-term wealth.

Take control of your retirement future with the power of real estate. Join us for this enlightening webinar and start your journey towards financial freedom and a prosperous retirement. We look forward to seeing you there!
#elvilleeducation

Webinar – Learn What Elder Law Attorneys Are Advising Clients in 2024
2024-09-11 10:00 - 11:15
“Elder Law attorneys are not just lawyers, they are counselors.”
Elder Law encompasses many concepts – planning for individuals and families who do not have taxable estates, but who are primarily concerned about the protection of their assets and addressing disability and long-term care issues. Elder Law also encompasses the following: Medical Assistance (Medicaid), long-term care planning, asset protection, nursing home and assisted living selection and placement, special needs planning, guardianship, Social Security issues, Veterans Benefits, senior housing issues, powers of attorney, advance medical directives, wills, trusts, and more.
Join Elville and Associates’ Managing Principal and Lead Attorney Stephen Elville as he leads you through this webinar discussion to learn why an Elder Law consultation is an integral part of the planning process. Attendees will learn:

what is involved in an Elder Law consultation?
why does an Elder Law consultation serve as a basis for change?
what do clients want to know and what do they learn in an Elder Law consultation?
what important Elder Law concepts and new laws are attorneys advising clients about in 2024?

To register for the webinar and receive your personal link ahead of time, please click here.
Should you have any questions before the webinar, please contact Elville and Associates’ Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com or at 443-393-7696 x117.
Open to clients, advisors, and the general public, 1.5 continuing education hours are available for Certified Financial Planners, CPAs, and most other professionals attending this presentation.
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Webinar – Guardianship: What Is It, When Is it Appropriate, and What Are Some Alternatives?
2024-09-18 06:00 - 07:15
The decision to pursue guardianship — to obtain the legal authority to make decisions for another person — is one that has many intricacies to it and should not be taken lightly. There are also many alternatives to guardianship to consider as well, which is why speaking with a qualified attorney is extremely important during the decision making process and throughout the guardianship proceeding.
Join Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville as he offers this webinar presentation about “Guardianship – What Is It, When Is It Appropriate, and What Are Some Alternatives?” Topics of discussion will include:
— What is guardianship?
— What are the benefits and drawbacks?
— What are the main questions every family should ask before making the decision to pursue guardianship?
— What are some of the alternatives to guardianship?
To RSVP ahead of time and receive your personal link to attend, please click here.
Should you have any questions beforehand, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or at 443-393-7696 x117. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries

The Essentials of Estate Planning and Elder Law
2024-09-25 15:00 - 16:30
Join Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville, J.D., LL.M., as we partner with Timmick Financial Group and Retirement Planning Specialist Mark Timmick, CRPC®, AIF® for our semiannual three-evening Retirement Planning Webinar Series.  Each evening is purely educational in nature and no cost to attend.  Evening three will feature Steve discussing estate planning and elder law essentials – “excellent estate planning” – and will include the following topics:

Probate vs. non-probate, will-based plan vs. a revocable trust-based plan, and pros and cons of each
How to properly protect assets so the most possible passes to your spouse, children and grandchildren
How outdated documents create problems in the future, and how to achieve perfection for your legacy
How to plan for incapacity and avoid guardianship
How to define specific goals for your family’s unique planning needs and circumstances
Help ensure family harmony while settling your estate
Why many estate plans fail and the steps you can take to ensure success for your family

To RSVP for the presentation ahead of time or to RSVP for Monday, September 23rd’s “Savvy Social Security Planning” or Tuesday, September 24th’s “Maximizing Retirement Income” webinars, please click here.
Should you have questions ahead of time, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com or Timmick Financial’s Gail Timmick at gail@timmickfinancial.com. We look forward to seeing you there!
#elvilleeducation

In Person Presentation – Estate Planning and Elder Law Essentials
2024-09-27 06:30 - 08:00
Stephen Elville and Elville and Associates are pleased to be headed back to Howard County Public Library’s East Columbia branch for some estate planning education!
Presented by Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville, this special in person presentation is an in-depth overview that will thoroughly educate attendees about the essentials of estate and elder law planning.
Some of the topics he will discuss include:
1) What is an Estate Plan and what is the process? Why is it important to have a process?
2) Why most Estate Plans don’t work as intended and what you can do to avoid planning failure
3) Wills versus Trusts and understanding probate and non-probate concepts
4) Understanding the importance of financial powers of attorney, advance medical directives and MOLST
5) Elder Law, Taxation, and Asset Protection – what these concepts mean in today’s planning
6) Understanding why having outdated documents could provide challenges in the future
7) The absolute importance of incorporating “flexibility” in your planning, and how to achieve perfection for your legacy
8) Getting started – how to take the next steps
To register for the presentation ahead of time, please visit HCPL’s link here.
Should you have any questions beforehand, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or 443-393-7696 x117. Or, you may contact HCPL’s Adult Learning and Innovation Specialist Rohini Gupta at 410-313-7766.
This presentation is offered in partnership with the Howard County Library System, a longtime supporter of Elville and Associates’ educational programs. To learn more about the HCLS, its educational programs and calendar of events, please visit https://live-howardcounty.pantheonsite.io/ contact Ms. Gupta.
We look forward to seeing you at Howard County Public Library’s East Columbia branch!
#elvilleeducation

Webinar – Unlocking Value: The Impact of Home Condition on Sale Price
2024-10-08 06:30 - 07:30
Join Elville and Associates as we welcome back Realtors® and Seniors Real Estate Specialists® Donna Weaver and Karen Lawlor with the Wendy Slaughter Team at VYBE Realty. Donna and Karen will discuss “Unlocking Value – The Impact of Home Condition on Sale Price,” and will share their thoughts about some of today’s hottest real estate topics, including:
• Overview of Market Conditions
• The Power of First Impressions
• Trending Design Features
• Strategic Home Updates
• Competitive Advantage Tips
And, as always, they’ll be available to answer any questions you may have for them. This is a presentation you certainly won’t want to miss!
To register for the webinar ahead of time and receive your personal link to attend, please click here.
This presentation is open to clients, financial advisors, and the general public. 1.0 continuing education hour is available for most professionals who attend this webinar.
Should you have any questions before the presentation, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com, or 443-393-7696 x117. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries

Webinar: Planning for a Loved One With Special Needs – An Overview of Guardianship, Supported Decision Making, and Special Needs Trusts
2024-11-12 18:00 - 19:30
Elville and Associates has been privileged to educate, counsel, and guide families with loved ones with special needs for many, many years. We continue this through our longstanding partnerships with The Arc of Frederick County and The Arc Northern Chesapeake Region as Elville and Associates’ Managing Principal and Lead Attorney Stephen Elville, J.D., LL.M., offers an interactive, educational discussion about guardianship, Supported Decision Making, and special needs (supplemental needs) trusts.
The decision to pursue guardianship — to obtain the legal authority to make decisions for another person — is one that has many intricacies to it and should not be taken lightly. There are also many alternatives to guardianship to consider as well, which is why speaking with a qualified attorney is extremely important during the decision-making process and throughout the guardianship proceeding.
Supported Decision Making (SDM) involves persons with disabilities being able to make their own decisions to whatever extent they can, provided that they have enough support to do so. Now law in Maryland, Supported Decision Making represents a huge breakthrough for persons living with disabilities, as it does not take away their rights of self-determination; rather, it allows them to appoint a supported decision maker, even if they are under guardianship. However, this dramatic paradigm shift brings with it the element of risk, potential confusion for parents and others, and unanswered questions.
A solid foundation for planning for loved ones with special needs encompasses these two topics along with several others. Understanding what is involved in the planning process for a special needs family and the importance of preserving your loved one’s financial security, quality of life, and well-being are further keys to planning success. Estate planning to protect families’ assets along with the types of special needs trusts and their specific purposes (along with who the decision makers and beneficiaries can be in these trusts) are of paramount importance.
Mr. Elville will discuss the following, and more:
• What is guardianship?
• What are guardianship’s benefits and drawbacks?
• What are the main questions every family should ask before making the decision to pursue guardianship?
• What are some of the alternatives to guardianship?
• Understanding Supported Decision Making under the new law – what is its purpose, and what is its current status? What is its promise in Maryland? What are the problems?
• What Supported Decision Making is not. What is Supported Decision Making’s relationship to powers of attorney, advance medical directives, and guardianship?
• How Supported Decision Making works and how it can benefit loved ones with disabilities.
• What are the types of special needs trusts and what trusts best fit different situations?
• What are some other tools and resources families should consider when planning for loved ones with special needs?
To RSVP for the presentation ahead of time and receive your personal link to attend, please click here.
Should you have questions ahead of time, please contact Community Relations Director Jeff Stauffer at 443-393-7696 x117, or jeff@elvilleassociates.com. We look forward to hosting you!
#elvilleeducation
#elvillewebinarseries

Conference – Strategies for Effective Elder Abuse Investigations
2024-11-18 00:00 - 2024-11-20 23:59
The Strategies for Effective Elder Abuse Investigations Conference is designed to provide professionals involved in elder abuse investigations with valuable knowledge and practical strategies to enhance their effectiveness in identifying, preventing, and responding to elder abuse cases.
By bringing together experts from various fields, this conference aims to promote collaboration, share experiences, and develop effective approaches to combat elder abuse and protect vulnerable adults. The conference program includes a diverse range of topics designed to address the multifaceted aspects of elder abuse investigations, ensuring attendees leave the event better equipped to handle these complex cases.
Registration Link: https://www.elderabuseconference.info/
Event Sponsor: Center for Elder Justice and Education, Inc. https://elderjusticeandeducation.org/
Contact Person: Andre Lingham (667-352-0295)
Email: cfejae2021@gmail.com
