Brian Wilson of The Beach Boys fame was the subject of the film Love & Mercy. Wilson was portrayed by both Paul Dano, as a young Brian, and John Cusack as a more mature Brian. The film addresses Wilson’s lifelong struggle with mental illness. Perhaps it is no surprise that the Court in California received […]
Have you been named the trustee of a trust? Perhaps a family member or close friend has honored you with the designation. Yet, the savvy trustee should be wary of taking on a fiduciary role. One recent Maryland case shines a spotlight on the dangers of being a trustee. As a fiduciary, you have responsibilities […]
Cindy Birdsong, of the Supremes, needed help controlling her dwindling assets. Mavis Leno, Jay’s wife, was diagnosed with Alzheimer’s disease before having completed her estate planning. After suffering a brain aneurism, Joni Mitchell was unable to make medical decisions. For each of these women, Courts were asked to appoint a Conservator. Cindy Birdsong. Courts appoint […]
Dianne Feinstein has many problems. She is a frail 90-year-old member of the United States Senate. In addition to her health problems, Feinstein is engaged in a lawsuit over trusts created with her late husband. We can’t avoid old age, but proper estate planning can help avoid family fights. Two separate lawsuits were filed in […]
Imagine you are sitting on a couch at home. With pen in hand, you jot down notes about how your assets should be distributed when you die. You tuck the pages into a spiral notebook and shove the notebook under the couch cushions. Perhaps you are just an ordinary Joe or Josephine or Aretha Franklin. […]
Rabbis and other clergy are less well compensated than comparable professionals with advanced degrees. Yet, clergy have one advantage over most other professions. A portion of clergy salary can avoid income taxation if deemed parsonage. Preferential treatment for clergy raises some questions. Yet, the tax benefit has withstood the tests of time and lawsuits. Perhaps […]
The most challenging question in estate planning is, “Whom do you trust?” The estate planning process includes the execution of several documents, wills, powers of attorney, and sometimes trusts. Each requires naming a “fiduciary.” A fiduciary is someone you trust to handle your affairs when you are ill or after death. Who you choose to […]
Jerry Springer did not share his diagnosis with the public. Springer’s fans were surprised when he died from cancer in April 2023. The news media jumped on another secret. The press reported that Springer left his entire estate to children from an out-of-wedlock relationship. But the report was not accurate. Across social media, viewers watched […]
We are living longer. Yet, demographic changes threaten our retirement plans for prosperity and enjoyment. For those of us who live longer lives, there may be some breathing room for additional planning, both financial and psychological. The statistics about the coming changes in the labor force and our economy are fascinating. For example, family sizes […]
Britney Spears’ conservatorship shined a spotlight on the problems of guardianship systems and their damaging impact on people’s lives. The world saw that Britney’s mental health challenges did not impede her ability to make decisions such as selecting attorneys and engaging health care professionals. What the California system lacked was an appreciation for the concept […]
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Located in Rockville, Maryland, our firm is a dynamic and diverse practice which includes estate planning, guardianship, probate and tax planning. Evan J. Krame, Esq. has become one of Maryland’s most respected attorneys practicing in the area of elder law and disability planning.
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