At Elville and Associates, P.C., we couldn’t be more proud of Partner Olivia Holcombe-Volke for her tireless pro bono estate planning work with the Maryland Volunteer Lawyers Service. Olivia is a true advocate for those in need of assistance, and the link to the article below captures the essence of the need for more people …
Posts Categorized: Blog
Which Estate Planning Process Is Right for You? The Answer Lies Within Your Goals …
July 9, 2019Authored by: Stephen R. Elville, Esq. — Elville and Associates, P.C. — 443-393-7696, steve@elvilleassociates.com, @elvilleassoc Many people 65 years of age and over are subconsciously aware of the vulnerability of their assets, including retirement plan assets (IRAs, 401(k)s, 403(b)s, and other Qualified Plans) to Medicaid (long-term care) spend down and dissipation. This awareness carries over …
The 2010 Maryland Power of Attorney Act – A Gamechanger
July 8, 2019Authored by: Stephen R. Elville, Esq. – Elville and Associates, P.C. – 443-393-7696, steve@elvilleassociates.com, @elvilleassoc In 2010 the Maryland Power of Attorney Act changed the law, and changed the way we think about powers of attorney in Maryland. This game-changing law sets forth accountability standards for agents to their principals and provides that powers of …
The Most Important Document in Estate Planning – The Financial Power of Attorney
July 2, 2019Authored by: Stephen R. Elville, Esq. – Elville and Associates, P.C. – 443-393-7696, steve@elvilleassociates.com, @elvilleassoc A properly drafted financial power of attorney is arguably the most important document in estate planning. How old is yours and when was the last time it was updated? Why take risks when it is so easy to put a …
The Secure Act and Its Potential Income Tax Effect on Clients’ Estate Planning – Seven Important Opportunities
Authored by: Stephen R. Elville, Esq. — Elville and Associates, P.C. — 443-393-7696, steve@elvilleassociates.com An unprecedented situation is underway – the Secure Act may impact estate planning in a significant way – in particular, estate planning for retirement plan assets. The Secure Act (House of Representatives’ version – the 10-year plan) recently passed through the …
The New Elective Share Law, a.k.a. “Augmented Estate Legislation” Has Passed. What Does This Mean to You?
Authored by: Stephen R. Elville, Esq. – Elville and Associates, P.C. – 443-393-7696, steve@elvilleassociates.com, @elvilleassoc The new Elective Share Law, otherwise known among estate planning lawyers as the “augmented estate legislation”, was passed by the Maryland Legislature and will be effective October 1, 2020. This new law will have a profound impact on the estate …
Why Do Estate Plans Fail and Not Work as Intended? The Answer Lies Below …
June 15, 2019Authored by: Stephen R. Elville, Esq. — Elville and Associates, P.C. — 443-393-7696, steve@elvilleassociates.com, @elvilleassoc What’s been on my mind for the past several weeks is an image – actually two separate scenes – perhaps it is a sequence. It happened about four months ago. Two couples came into my office during the same week …
Elville and Associates’ Principal Stephen R. Elville Partners with University of Maryland Autism Research Consortium for Nationwide Webinar Series and Panel Discussion
April 19, 2019Authored by: Jeffrey D. Stauffer – Community Relations Director, 443-393-7696, jeff@elvilleeassociates.com, @elvilleassoc On March 7th, Elville and Associates’ principal and lead attorney Stephen R. Elville, J.D., LL.M., visited the University of Maryland at College Park to partner with the University of Maryland Autism Research Consortium (UMARC) for the third in a four-part nationwide webinar series …
The Future of Pro Bono in Maryland
April 12, 2019As Originally Appeared in the May 2018 edition of the Bar Bulletin of the Maryland State Bar Association Authored by: Olivia R. Holcombe-Volke, Partner at Elville and Associates; Melinda Fithen, Associate with Venable LLP; and Brian Weeks, Administrative Law Judge for the Office of Administrative Hearings There is a boom in the number of lawyers …
Elville and Associates Partners with Maryland ABLE to Offer Special Needs Planning Workshop to Harbour School at Annapolis Parents
February 6, 2019By: Jeffrey D. Stauffer – Community Relations Director, jeff@elvilleassociates.com, 443-393-7696 On Thursday, January 24th, for a fourth consecutive year families of students at the Harbour School at Annapolis came out to listen to Elville and Associates’ principal Stephen R. Elville, J.D., LL.M., present a far-reaching discussion about “What Families Need to Know About Planning for …