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Legacy Planning: The Ultimate Gift

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What’s an Annuity?

A joint and survivor annuity provides lifetime income payments for an annuity owner and their survivor. You contribute a lump sum of money to the joint and survivor annuity and can usually start receiving income almost immediately.
01/16/23 • by: Law Office of Michelle Adams
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What Is Included in an Estate Inventory?

One of the essential steps in the probate process is filing an inventory of all the assets that are part of the estate.
01/16/23 • by: Law Office of Michelle Adams
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What Is a Digital Asset for Estate Planning?

At any given time, the average American maintains between 30 and 50 online accounts. Examples of these databases include financial institutions, utility companies, email providers, social media outlets, and travel sites.
01/16/23 • by: Law Office of Michelle Adams
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When Is a Family Limited Partnership Needed?

You don’t have to be ultra-wealthy for a family limited partnership to make sense.
01/04/23 • by: Law Office of Michelle Adams
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What Is a ‘Residuary’ Estate?

In simple terms, a residuary estate is any part of your estate that hasn’t been distributed to your heirs through a last will and testament.
01/04/23 • by: Law Office of Michelle Adams
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Does My Estate Plan Need an ‘ePlan’?

At any given time, the average American maintains between 30 and 50 online accounts. These may be with banks, financial institutions, utility companies, email providers, social media outlets, commercial shopping or travel sites and accounts unique to technology, such as an account to purchase apps for a smartphone.
01/04/23 • by: Law Office of Michelle Adams
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Do I Need to Name a Life Insurance Beneficiary?

What Is a Beneficiary and How Do I Name One?
01/04/23 • by: Law Office of Michelle Adams
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Can I Contest Dad’s Will While He’s Still Living?

The contents of a person’s will and related revocable trust cannot be challenged in court until he or she has died, Maryland’s second highest court ruled last week in rejecting a daughter’s bid to revive an undue-influence challenge to her estranged and ailing mother’s decision to write her out of her will.
01/03/23 • by: Law Office of Michelle Adams
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What Experts Does a New Widow Need?

Losing your spouse can be a critical moment in your life, during which you’ll need support from friends and family and plenty of time to heal. You’ll also want to rally a trusted team of experts who can help a new widow through new and probably unwelcome territory.
12/28/22 • by: Law Office of Michelle Adams
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Are My Children Entitled to My Money?

Adult children may anticipate, but are not legally entitled, to an inheritance.
12/28/22 • by: Law Office of Michelle Adams
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