When it comes to estate planning in Maryland, creating a trust can be a strategic move to manage and protect your assets, both during your lifetime and after you pass away. Trusts serve various purposes, and with several types of trusts available, understanding which...
Greenbelt IvyLaw Blog
Maryland officials speak out in support of Haitian immigrants
Current federal budget negotiations threaten to further limit the ways that asylum seekers can legally enter the U.S. In opposition to these looming restrictions, a group of 50 local, state and federal elected officials across Maryland recently signed a joint letter...
Family green card financial obligations
Sponsoring a family member's green card comes with financial responsibilities. It is important for any sponsor to carefully consider these requirements. Essentially, when you sponsor a family member for a green card, you agree to financially support them. You must...
How to discuss your estate plan with your family
Planning for the future is a responsible and caring step toward ensuring the well-being of your loved ones. One important aspect of this planning is discussing your estate plan with your family. Although it can be an uncomfortable conversation, open communication...
Reasons for creating a special needs trust
For families with members who have special needs, planning for the future is of utmost importance. Establishing a special needs trust helps ensure the health and happiness of those who require continuing care. This legal instrument offers a host of valuable benefits....
How should executors treat beneficiaries during probate?
Probate can be an emotional process for all involved. As an executor, it is important to approach the task with sensitivity. One aspect of this responsibility is the treatment of beneficiaries. How you handle communication during probate can greatly impact the...
What are your options if you receive a visa denial in the U.S.?
According to the United States Citizenship and Immigration Service, approximately 30% of visa applicants get denied each year. Facing a visa denial can be a disheartening experience for anyone looking to travel or move to the United States. The U.S. immigration...
Important facts about a special needs trust
Ensuring the well-being and financial security of a loved one with special needs is a priority for many families. Special needs trusts are powerful tools that can play a crucial role in achieving this goal. However, misinformation can cloud the understanding of these...
Why you still need an estate plan if you do not have kids
Planning for the future is a responsibility that extends beyond the realm of parenthood. Even if you never have children, having a comprehensive estate plan helps ensure that your wishes come to be and your assets undergo distribution according to your preferences....
5 life changes that impact your estate plan
Life is unpredictable, and as we navigate through its twists and turns, it is important to recognize how various life changes can significantly impact your estate plan. CNBC reports that only 33% of Americans have an active estate plan. As your life changes, your...