Law Offices of Terri D. Mason, P.C.

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The Importance of Being Earnest (And Funding Your Trust)

Oscar Wilde’s celebrated play, “The Importance of Being Earnest,”  is a witty comedy of mistaken identities and societal expectations. While estate planning might lack the play’s humor, it echoes the importance of careful planning and meticulous execution. An artfully crafted estate plan, especially regarding trusts, protects your wishes and ensures a smooth transition of assets […]


5 Reasons Not to Add Child to Your Deed

Adding the name of your child to your property deed might seem like a simple way to ensure the smooth transfer of your home and avoid issues like probate after you pass away.  However, there are some significant potential drawbacks to be aware of before making this decision. Loss of Control Once you add your […]


How to Pass on Family Heirlooms with Fewer Estate Battles

The passing on of family heirlooms is a symbolic tradition, encapsulating the essence of familial history and values. These items, often steeped in memories and emotions, can, however, become sources of contention during estate divisions. To ensure these treasured possessions are handed down smoothly, and with minimal familial discord, a strategic approach is imperative. This […]


What You Should Know about Inherited IRA

Inheriting an Individual Retirement Account (IRA) can be a significant financial event, bringing both opportunities and responsibilities. It’s essential for beneficiaries, particularly those in Baltimore, Maryland, to understand the rules and implications of inheriting such an account. This understanding is crucial, especially for those seeking guidance from a Social Security Disability lawyer who can provide […]


What Happens When Your Last Parent Passes?

The passing of a parent is a profound and pivotal event in anyone’s life. It signifies not only the loss of a loved one but also a significant shift in family dynamics and responsibilities. When your last parent passes, it triggers a series of legal, emotional, and financial processes that can be overwhelming. Understanding these […]


Responsibilities of the Executor: What You Should Know

When managing the aftermath of a loved one’s passing, the role of an executor is both crucial and challenging. Appointed through a will or by a court, an executor is responsible for administering the deceased’s estate. This role involves a myriad of duties, from managing assets and paying debts to distributing inheritances. It’s essential for […]


Life Events that Should Trigger a Review of Your Estate Plan

Life is replete with a multitude of moments that shape our journey. Many of these life events not only affect our present but can significantly impact our future and the future of our loved ones. One of the tools that we use to safeguard that future is an estate plan.  At its essence, estate planning […]


How Do I Include Charitable Giving in My Estate Plan?

Leaving behind a mark in the world is an aspiration many hold. When individuals think about estate planning, it’s often about securing the future of their loved ones. But what about the causes and institutions that resonate with one’s values? This is where charitable giving in estate planning comes into play. An estate plan is […]


How to Help Your Parents Create an Estate Plan

The maze of estate planning can often be challenging, even more so when it involves discussing the future with aging parents. The phrase “estate plan” might seem daunting, but in reality, it’s a vital step to ensure that your parents’ wishes are respected and their assets are protected. Understanding Estate Planning: The Basics Estate planning […]


3 Major Estate Planning Mistakes You Could be Making Right Now

Planning for the future, especially when it concerns our family’s wellbeing, is paramount. Yet, navigating the legal intricacies of estate planning can be daunting. Estate planning is not just about wills or trusts but involves a comprehensive approach to safeguard your assets and ensure they’re passed on to your loved ones in the manner you […]


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