A strong argument can be made that estate planning for seniors should be done in a collaborative fashion with children – planning that is inclusive of and not exclusive of children. Of course this is not always possible. But where practical, huge benefits may inure to the entire family. Reduction of cost, time, and effort in administration, avoidance of mistakes due to gaps in knowledge or timing issues, continuity in asset protection planning, higher likelihood that any special intra-family issues will be properly handled and/or that the intent or purpose of the overall planning is accomplished, and enhanced prospect that children will take the initiative to accomplish their own planning represent some of these.
- Why Do Estate Plans Fail and Not Work as Intended? The Answer Lies Below …
- “Your Home, Your Deed, Your Legacy – Ensuring Stability in Baltimore City through Legal Services” co-authored by Olivia Holcombe
- Elville and Associates’ Principal Stephen R. Elville Partners with University of Maryland Autism Research Consortium for Nationwide Webinar Series and Panel Discussion
- The Future of Pro Bono in Maryland
- Elville and Associates Partners with Maryland ABLE to Offer Special Needs Planning Workshop to Harbour School at Annapolis Parents
- Lindsay V.R. Moss, Esq., Becomes Partner at Elville and Associates, P.C.
- A Guide for Making Room for Grief in Work & Life
- How One Thing Might Lead to Another
- How Will My Agent Know Where My Property Is – and How to Access It? The Maryland Fiduciary Access to Digital Assets Act, Digital Storage Options, Safe Deposit Boxes, and Good Old Fashioned Record-Keeping
- The Movement to Improve End-of-Life Health Care Planning