Blog

The Imperative Need to Update Your Estate Planning to Reflect Your Goals – with an Educational Component

By:  Stephen R. Elville – Principal and Lead Attorney of Elville and Associates, P.C.   In yesterday’s Time to Think blog, we talked about providing for the possibility of a trust protector, a special fiduciary that adds dimension and flexibility to an estate plan.  This brings to mind the issue of also providing for the …

The Imperative Need to Update Your Estate Planning to Reflect Your Goals – with an Educational Component Read More »

How to Provide for a Trust Protector in Your Estate Planning

By:  Stephen R. Elville – Principal and Lead Attorney of Elville and Associates, P.C. In yesterday‘s Time to Think blog, we discussed how the inclusion of a Trust Protector provision as part of your estate plan can provide scope, depth, flexibility, beneficiary protection, and more.  You can provide for a Trust Protector in your estate planning, elder …

How to Provide for a Trust Protector in Your Estate Planning Read More »

Digital Assets – An Essential Component to Estate Planning

By:  Nicole T. Livingston – Associate Attorney, Elville and Associates, P.C. In 2016, the Maryland Fiduciary Access to Digital Assets Act became law.  This law allows your agent named in your power of attorney, a trustee named in your revocable living trust, or a personal representative named in your Last Will and Testament to obtain …

Digital Assets – An Essential Component to Estate Planning Read More »

Estate Planning Is Not “Permanent,” But a Continuous Process

By: Stephen R. Elville, J.D., LL.M. – Principal and Lead Attorney of Elville and Associates, P.C.   Most people approach estate planning as an important but long-put-off project. A natural tendency in this process is to view the planning as ”permanent” and ”forever”. This is a mistake and actually represents the first step towards plan …

Estate Planning Is Not “Permanent,” But a Continuous Process Read More »

Governor Hogan’s Authorization of the Remote Notarization of Documents

By:  Stephen R. Elville, Principal and Lead Attorney of Elville and Associates, P.C.   “The issue of how important legal documents can be notarized during the COVID-19 emergency has been resolved.  Yesterday Governor Hogan waived the requirement of in-person notarization of documents and authorized the remote notarization of documents.  This important pronouncement means that the …

Governor Hogan’s Authorization of the Remote Notarization of Documents Read More »

Ensure You’re Educated About These Three Aspects of Incapacity Planning

By:  Stephen R. Elville, J.D., LL.M. – President and Principal Attorney of Elville and Associates, P.C.   Over the past several days many people have asked “what is important right now regarding estate planning/elder law and the coronavirus?” Although there are many responses to this question, and I am releasing a new article on this …

Ensure You’re Educated About These Three Aspects of Incapacity Planning Read More »

Three Action Items That Are Important to You Estate Planning Right Now

By: Stephen R. Elville, J.D., LL.M. – President and Principal Attorney of Elville and Associates, P.C.   What’s important right now for your estate planning?  In short, three (3) things:  locate all original documents – wills, trusts, powers of attorney, advance medical directives, memorandums – and review them for accuracy and any needed changes; revise …

Three Action Items That Are Important to You Estate Planning Right Now Read More »

Estate Planning and the Rewards of Peace of Mind, Clarity and Certainty

By: Stephen R. Elville, J.D., LL.M. – President and Principal Attorney of Elville and Associates, P.C. The process of estate planning is confusing and ambiguous for some people, and a real obstacle for others. No one really enjoys sitting down and discussing end-of-life issues or incapacity issues, let alone the sharing of personal information with a …

Estate Planning and the Rewards of Peace of Mind, Clarity and Certainty Read More »

The Tremendous Importance of Proper Beneficiary Designations in Your Estate Plan

By Stephen R. Elville, J.D., LL.M. — Principal and Lead Attorney of Elville and Associates, P.C. Beneficiary designations can make or break an estate plan. Without proper and accurate beneficiary designations, retirement plan assets can flow in unintended ways causing many potential problems including, but not limited to, the following: loss of lifetime stretch out of required …

The Tremendous Importance of Proper Beneficiary Designations in Your Estate Plan Read More »