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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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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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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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Often, individuals create trusts as an important part of their estate plan. Depending on the type of trust, they offer several benefits from avoiding certain taxes and probate, to protecting assets from creditors, and other financial and privacy concerns. What is a Trust? A trust is a legal agreement in which a person, the […]
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Tom Sessa and Cheri Dorsey have over 40 years combined of experience practicing estates and trusts law. Our team has heard it all from our clients. One of the most common misconceptions we receive is that estate planning is a one-and-done type of deal. Although it is important to have an estate plan in place, […]
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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 Will is and who should have one. To view the original post and video, please visit Buckingham Wealth Partners’ website here. The Transcript of the Podcast Episode Tim Maurer: Tim Maurer back with another episode […]
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Probate is the legal process of administering and settling a person’s estate after they pass, under the supervision of the Register of Wills and Orphans’ Court of the county where they lived. The probate process exists for three main reasons: To validate the deceased person’s Will and prevent fraud; To settle the deceased person’s debts, […]
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As some colleges prepare to reopen in the next couple of months, college students are beginning to compile their to-do lists. If your child is moving into college, you may be helping them gather all the necessary materials, like their bedding and furniture, and perhaps some paperwork they need to fill out beforehand. The question […]
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