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Estate planning brings up many difficult questions and most people are not sure where to begin. At Sessa & Dorsey, we regularly answer questions about estate planning in the state of Maryland. We put together this list of frequently asked questions in hopes of demystifying the estate planning process. Here are our 6 FAQs […]
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At Sessa & Dorsey, one of our goals is to keep our clients up to date on the latest news and trends on anything estates and trusts related—including tax laws. As of January 1st, there is a small change to the federal gift and estate tax exemptions. Additionally, with the inauguration of the new president […]
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Hunt Valley, MD | On December 14, 2020, Super Lawyers announced that Cheri H. Dorsey is selected as a 2021 Top Rated Estate Planning & Probate Attorney in Hunt Valley, MD. Super Lawyers is a rating service that selects the nation’s top lawyers in over 70 practice areas. Super Lawyers are recognized for their […]
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An unexpected, serious medical diagnosis can be emotionally draining and overwhelming. You may not know where to turn. As you navigate your options, we encourage you to make sure your personal and estate-related affairs are in order. Our team understands that estate planning is likely the last issue you want to deal with during this […]
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Guardianship is the court process of appointing someone as the guardian to manage the personal or financial affairs of a minor or an incapacitated adult. Once appointed and approved by the Court, the guardian is responsible for those matters which are assigned in the guardianship. The guardian may be responsible for making decisions related to […]
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When we meet with our estates and trusts clients, the conversation about life insurance policies often arises. Life insurance policies go hand-in-hand with estate planning. As you plan for what will happen with your assets after you pass, you should consider what life insurance policy best meets your family’s needs. Although we at Sessa & […]
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If you die without a Last Will and Testament, you are giving up the power to control who will receive the assets, held in your sole name, that you have accumulated during your life. The Maryland laws of intestacy will determine both who will receive these assets and who will settle your affairs after your […]
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Let us get this out of the way—we know that prepaid funerals are not the most lively of topics! However, prepaid funerals are becoming a more popular topic of discussion during the estate planning process. We want to share with you the details regarding prepaid funerals and why you may want to consider one. […]
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The Federal Gift and Estate Tax Exemption A popular way to save federal estate taxes is for an individual to make gifts during lifetime to take advantage of the federal lifetime gift tax exemption. The federal lifetime gift tax exemption allows assets worth a certain value to be gifted without those gifts being subject to […]
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Cheri Dorsey was featured on Buckingham Wealth Partners’ podcast, “Ask Buckingham,” hosted by Tim Maurer. Cheri discussed with Tim what a medical power of attorney is and what it does. To view the original post and video, please visit Buckingham Wealth Partners’ website here. The Transcript of the Podcast Episode Tim Maurer: Tim Maurer, we’re back […]
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