Monthly Archives: July 2025
In Terrorem Clauses in Maryland Wills
Except for what goes on in criminal courts, legal proceedings do not generally make good television or good plot-driven fiction. Unless you are exceptionally long in the tooth and longer in the attention span, you have probably not read Bleak House by Charles Dickens; it is the only fictional representation of a probate court… Read More »
The Senior Mortgage Borrower
By now, the word has gotten around that young people cannot afford to qualify for a home mortgage and buy a home. Their only hope for doing this is their parents, who can leverage their cash savings or, if necessary, their home equity, to provide money for a down payment, or else leverage their… Read More »
Long-Term Care Reality Check
You might think that your estate plan adequately accounts for long-term care insurance, but you probably have an unrealistic view of how much you have to pay. According to a recent report on the CNBC Personal Finance website, 57 percent of the people who retired in 2024 will eventually need to spend more than… Read More »
Your Fabulous First Year of Retirement
In less catastrophic times, estate planning lawyers used to tell their clients to follow the four percent rule. They said that you can expect 25 years of retirement, and if you only spend four percent of your retirement savings per year, you will have enough to last the rest of your life. More recently,… Read More »
