Key benefits include avoiding probate, preserving privacy, enabling flexible modification, and simplifying administration for heirs. A well-drafted trust supports lifetime asset management, clarifies distributions, and reduces court involvement, providing peace of mind for families facing illness, relocation, or business transitions.
A coordinated approach ensures that trusts, wills, powers of attorney, and healthcare directives work together. This alignment saves time, minimizes conflict, and provides a consistent framework for asset management across generations.
Choosing our firm means working with attorneys who listen first, translate goals into actionable plans, and guide you through every stage of trust creation and funding. We prioritize clarity, responsiveness, and durable results tailored to your family’s needs.
We offer ongoing reviews, update services, and advice on life events, ensuring your trust remains aligned with goals and compliant with changing laws.
A revocable living trust is a flexible agreement you can modify or revoke during your lifetime. It holds title to assets to enable private management and probate avoidance, while allowing you to retain control and make changes as circumstances evolve.
No. A revocable trust complements a will and powers of attorney, providing privacy and a smoother transition of assets if you become unable to manage affairs. Some assets may still pass through a will or beneficiary designations.
In Maryland, a properly funded revocable trust can avoid probate for transferred assets. However, assets not owned by the trust or outside its funding schedule may still pass through probate or require ancillary planning depending on ownership and location.
Assets to fund typically include real estate, bank and investment accounts, and business interests. Proper titling and transfer of ownership ensure assets bypass probate and pass to beneficiaries according to the trust terms.
Review your trust at least every few years or after major life events. Changes in law, family dynamics, or asset holdings can affect how your plan should function and should be addressed promptly.
If you become incapacitated, your successor trusted advisor steps in as trustee or a designated agent in your documents to manage assets, pay bills, and safeguard your interests according to your instructions.
Yes. You can name family members, trusted friends, or institutions as trustees. It’s important to choose someone capable, organized, and aligned with your goals to ensure proper administration.
Fees depend on plan complexity, asset value, and ongoing review needs. We provide transparent estimates during your initial consultation and discuss ongoing maintenance options to fit your budget.
Trusts can integrate with tax planning and Medicaid implications. Our team coordinates with tax professionals to optimize outcomes while ensuring eligibility considerations are addressed in your legal plan.
Life changes require updating your trust. We guide you through amendments, restatements, or new documents and coordinate funding and designations to reflect evolving goals.
