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This webinar is an in-depth overview that will thoroughly educate attendees about the essentials of estate and elder law planning. Presented by Elville and Associates’ Senior Associate Attorney Renee Boyd, in our Estate Planning and Elder Law Essentials webinar Renee will thoroughly educate attendees about estate planning and incapacity planning issues. Some of the topics she will address include: -Why many estate plans fail and the steps you can take to ensure success for your family -Probate vs. non-probate, will-based plan vs. a revocable trust-based plan, and pros and cons of each -How outdated documents create problems in the future, and how to create a legacy for future generations -How to plan for incapacity and avoid guardianship -How to define specific goals for your family’s unique planning needs and circumstances -Help ensure family harmony while settling your estate More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries

On October 1, 2023, the Maryland Decanting Act became effective new law in Maryland. As 2024 is well underway, and with Maryland now having its own decanting law, clients, financial advisors, CPAs, and other collaborative advisors, need to understand the fundamentals of this new law, and how decanting is arguably the most aggressive and extreme power in estate planning. In this concise one-hour presentation, Stephen Elville, Managing Principal and Director of Operations at Elville and Associates, P.C., a leading estate planning and elder law firm in Maryland, will lead a discussion about the major things clients, financial advisors, CPAs, and other collaborative advisors need to know about the effects, pros and cons, including risks and rewards, of the new decanting law. Mr. Elville will take questions both during and after the presentation, and is available for new client meetings, as well as problem-solving, educational, practice growth, and other one-on-one or group discussions. Topics of discussion will include: – Understanding why many trusts aren’t permanent in 2024 – what is Decanting, and how it came about that your trust could someday be changed – Why there’s a need for flexibility in estate planning, and what does that look like in 2024 – History of decanting and trust flexibility tools in Maryland – What is a clients’ “exposure” to decanting now, and does this mean a possible disruption of a client’s estate plan? – Do clients have a choice about this? “I liked my old wine”, says Sally … – Advantages and disadvantages of decanting – Brief overview of the new Maryland Decanting Statute – Examples More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries

The decision to pursue guardianship — to obtain the legal authority to make decisions for another person — is one that has many intricacies to it and should not be taken lightly. There are also many alternatives to guardianship to consider as well, which is why speaking with a qualified attorney is extremely important during the decision making process and throughout the guardianship proceeding. Join Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville as he offers this webinar presentation about “Guardianship – What Is It, When Is It Appropriate, and What Are Some Alternatives?” Topics of discussion will include: — What is guardianship? — What are the benefits and drawbacks? — What are the main questions every family should ask before making the decision to pursue guardianship? — What are some of the alternatives to guardianship? More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries

Presented by the Elville Webinar Series and Elville and Associates’ Managing Principal and Lead Attorney Stephen Elville, this webinar will delve into the situations that arise after the death of a client, client’s family member, or loved one and the trust and estate administration that takes place during that time. Helping advisors and family members understand what their roles are in helping clients and loved ones through the legal process, what that legal process is, and how advisors and other planning team members can best work together in support of clients is of paramount importance during this challenging time for all involved. Learning Objectives: — unraveling the mystery of what happens after the death of a client or loved one — minimizing confusion and providing maximum support to clients and loved ones at a time of crisis — what is the legal step-by-step process that needs to be taken after death? — what are the practical steps that should be taken after death? — examining the most significant and potentially problematic legal and tax issues advisors and family members should be aware of in the months following the death of a client or loved one — how financial advisors, CPAs, and attorneys can best work together in support of clients More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries

Presented by Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville, webinar attendees will come to understand what is involved in the planning process for a special needs family and the importance of preserving your loved one’s financial security and quality of life. The key issues of understanding the role of public benefits, making decisions about the future, Maryland ABLE, and using estate planning and trusts to protect assets will be discussed along with the types of special needs trusts and their specific purposes (along with who the decision makers and beneficiaries can be in these trusts). Also, to be touched upon will be the “planning team concept” — how your planning team (attorney, financial advisor, CPA) — can work together to help provide your family peace of mind during the special needs planning process. More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries

This webinar is an in depth overview that will thoroughly educate attendees about the essentials of estate and elder law planning. Presented by Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville, in our Estate Planning and Elder Law Essentials webinar Steve will thoroughly educate attendees about estate planning and incapacity planning issues. Some of the topics he will address include: — understanding the planning process, including the reasons for estate planning — wills vs. trusts — probate vs. non-probate and understanding non-probate devices — the absolute importance of incorporating “flexibility” in your planning — planning for incapacity — understanding the importance of financial powers of attorney, advance medical directives and MOLST — Medicaid — myths versus reality — estate tax planning — asset protection and protecting shares for children and grandchildren — understanding why having outdated documents could provide challenges in the future --- how to achieve perfection for your legacy Open to clients, financial advisors, and the general public, 1.5 continuing education hours are available for professionals who attend this presentation. More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries

Presented by Elville and Associates’ Managing Principal and Lead Attorney Stephen R. Elville, webinar attendees will come to understand what is involved in the planning process for a special needs family and the importance of preserving your loved one’s financial security and quality of life. The key issues of understanding the role of public benefits, making decisions about the future, Maryland ABLE, and using estate planning and trusts to protect assets will be discussed along with the types of special needs trusts and their specific purposes (along with who the decision makers and beneficiaries can be in these trusts). Also, to be touched upon will be the “planning team concept” — how your planning team (attorney, financial advisor, CPA) — can work together to help provide your family peace of mind during the special needs planning process. More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries

Join Elville and Associates’ Managing Principal and Lead Attorney Stephen Elville as he offers this webinar discussion about the very important topic of how to select a Trustee. Choosing a Trustee is one of the most intensive pieces of the estate planning process, and a choice not to be taken lightly. Ensure you’re educated about all the factors that go into making this important decision. Points of emphasis will include: — What is a Trustee and what are their responsibilities? — Types of Trustees and their characteristics – advantages and disadvantages — The perfect Trustee – setting the benchmark for selection — Trustee selection – why is it so important? — Trustee succession and plan design – why so difficult, why so crucial? — Trustee roles in Wills and Trusts — What are some reasons to consider appointing a Corporate Trustee? — Why should you be concerned about “Successor Trustee risk”? More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries

Join Elville and Associates’ Senior Associate Attorney and Estate Planning Team Leader Shannon Werbeck for a discussion regarding the financial planning aspects of estate planning. Estate planning is so much more than a static set of documents. Learn why your estate plan needs to work in concert with the rest of your financial plan and why your estate planning attorney should be an integral part of your “planning team” – your financial planner/financial advisor, CPA, and other professionals – to ensure your plan works smoothly and as intended. Topics to be discussed include: – How do Estate Planning and Financial Planning overlap? – Asset Alignment/Funding of the Estate Plan: Why is this so vital, and what does it mean? – Beneficiary Designations: When, Why, How – Addressing the nuances depending on the type of estate plan, the type of asset, and the specific beneficiaries – The Financial Planner/Financial Advisor: Why this is an integral piece in the success of an estate plan, from inception to ultimate administration – Why being “Intentional” through a process in your Estate Planning matters – a lot! – The importance of the Advisory Team – what kind of team do you have? More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries

Estate plans can fail to work as intended especially if they are not updated and maintained over the course of a lifetime. Whether your estate plan works as you anticipate or whether it will when you are no longer alive is a question not only of your intentions but of the diligence and effort that you are willing put into your estate plan over time. In this sense, estate planning is a marathon, not a sprint or a single event. In this webinar presentation, Managing Principal and Lead Attorney Stephen R. Elville will discuss the importance of maintaining and updating your estate planning and coordinating your asset alignment with your estate plan, especially for seniors. Mr. Elville will also outline a step-by-step process to avoid the complete or partial failure of your estate plan. Presentation points of interest will include: – Understanding your purpose and the estate planning process – Understanding client and fiduciary education and its relationship to success in estate planning – Understanding the role incapacity planning plays in the success of your estate plan – Understanding partnership and the maintenance and updating process – Understanding asset alignment and the “funding” of your estate plan – Why being Intentional in estate planning matters – Why knowing what you want out of estate planning matters – Understanding the document review process and how to take next steps to achieve estate planning perfection More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries

Presented by the Elville Webinar Series and Elville and Associates’ Managing Principal and Lead Attorney Stephen Elville, this webinar will delve into the situations that arise after the death of a client, client’s family member, or loved one and the trust and estate administration that takes place during that time. Helping advisors and family members understand what their roles are in helping clients and loved ones through the legal process, what that legal process is, and how advisors and other planning team members can best work together in support of clients is of paramount importance during this challenging time for all involved. Learning Objectives: — unraveling the mystery of what happens after the death of a client or loved one — minimizing confusion and providing maximum support to clients and loved ones at a time of crisis — what is the legal step-by-step process that needs to be taken after death? — what are the practical steps that should be taken after death? — examining the most significant and potentially problematic legal and tax issues advisors and family members should be aware of in the months following the death of a client or loved one — how financial advisors, CPAs, and attorneys can best work together in support of clients More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries

Charitable giving is an incredible way to positively impact organizations, foundations, and causes near and dear to your heart. Whether philanthropy and charitable giving is a regular part of your life or if you are considering it as an integral component of your estate plan, charitable giving can be a wonderful way to leave a lasting legacy. Stephen R. Elville, Managing Principal and Lead Attorney at Elville and Associates, will discuss the motivations, opportunities, and tax implications of charitable giving, addressing every type of individual — from those with charitable inclinations, regardless of the size of their assets, to those with sizable assets, without charitable inclinations — and everyone in between. Topics of discussion will include: • Types of charitable giving – are they all the same? • Why do donors engage in charitable giving? • Taxes in brief – the tax implications of charitable giving under current law • Beyond taxes – charitable inclinations in the modern world Creativity in planned giving • Keeping it simple • Securing your legacy • Case studies – what is right, for whom More Webinars from Elville and Associates The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars. #elvilleeducation #elvillewebinarseries