Legal Blog

Estate Planning for Disabled Individuals Video Series – Part 5- Maryland Discretionary Trust

Estate planning can be a challenging process when disabled individuals are involved. There are legal issues that, even those with the best intentions, can completely alter the outcome of an estate plan. In this video series, Michael Donnelly, Estate Planning and Administration Principal at Offit Kurman, discusses the strategies regarding estate planning for disabled individuals, specifically children. Estate planning is the process of arranging and preparing an individual’s assets in anticipation of his or her death.  Anyone that owns properties, cars, bank accounts, etc. needs an estate plan if they want to leave their belongings to specific individuals and if they want to reduce, in some cases eliminate, taxes or other federal expenses.

If you have a disabled individual in your family, this video series will help you navigate the legal issues involved with your estate plan.

 

ABOUT MICHAEL DONNELLY

MichaelDonnelly_LoresMr. Donnelly  has over 40 years of legal experience. Known for his high-quality work, he advises clients in the areas of tax law, business law, trust and estate planning, wealth preservation, executive compensation, estate litigation, and planning for the disabled.

 

 

 

 

ABOUT OFFIT KURMAN

Offit Kurman is one of the fastest-growing, full-service law firms in the Mid-Atlantic region. With over 120 attorneys offering a comprehensive range of services in virtually every legal category, the firm is well positioned to meet the needs of dynamic businesses and the people who own and operate them. Our eight offices serve individual and corporate clients in the Maryland, Delaware, New Jersey, and Northern Virginia markets, as well as the Washington DC, Baltimore, Philadelphia, and New York City metropolitan areas. At Offit Kurman, we are our clients’ most trusted legal advisors, professionals who help maximize and protect business value and personal wealth. In every interaction, we consistently maintain our clients’ confidence by remaining focused on furthering their objectives and achieving their goals in an efficient manner. Trust, knowledge, confidence—in a partner, that’s perfect.

You can connect with Offit Kurman via our BlogFacebookTwitterGoogle+YouTube, and LinkedIn pages.  You can also sign up to receive Law Matters, Offit Kurman’s monthly newsletter covering a diverse selection of legal and corporate thought leadership content.

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