Authored 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 …
Posts Tagged: estate planning attorney
Why You Should Have Estate Planning Documents in Place – Security in a Time of Crisis
January 31, 2016By: Olivia R. Holcombe-Volke, Esq. – olivia@elvilleassociates.com, 443-393-7696
When utilizing a Revocable Living Trust-based approach for the estate plan of a married couple, an important first step is deciding whether to develop a Joint Revocable Living Trust – one Trust covering both spouses – or whether to create two individual Revocable Living Trusts, one per spouse. There is no blanket rule to apply to all couples or all estates, rendering a thorough discussion with your estate planning attorney necessary…
Portability and Remarriage
August 22, 2015By: Verena Meiser, J.D. 443-393-7696, verena@elvilleassociates.com When married clients express a preference for a “simple” estate plan leaving everything to the surviving spouse outright, we discuss the risks of an outright bequest to the surviving spouse as well as how they may rely on portability. Portability is the tax election made by the estate of …