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Friday, July 21, 2017
Trusts aren’t always necessary. The type of people who make the most use of them are the rich and famous. But the average person probably doesn’t need more than a testamentary or minor’s trust, and that’s only if they have children. Trusts that are used to avoid the estate tax are only for the very very rich, and a revocable living trust isn’t the best deal either. Read more . . .
Thursday, November 10, 2016
Columbia is an upper middle class city in Howard County, Maryland: a county with one of the highest per capita incomes in the country. Because of that, clients in this county needing legal services have high incomes and work in professions that subject them to civil litigation (lawsuits). What kind of professions are these? Lawyers, doctors, dentists, rental property owners, small successful business owners. The main way to protect from lawsuits while in these professions is to take out a personal liability insurance policy. However, there are times when the policy will not cover damages incurred in an adverse judgment in a court of law, which is when they might turn to an asset protection lawyer. Read more . . .
Wednesday, September 14, 2016
Are there differences between big city attorneys, and attorneys in a distant suburb/exurb like Howard County? Obviously I’m going to be biased and say there aren’t significant differences, as a representative attorney from Howard County. Big city attorneys tend to be part of larger firms, and with larger firms come lawyers to throw at complex legal problems. But for most clients this isn’t necessary. Estate planning isn’t exactly simple, and for all but the wealthiest people, the issues facing a client aren’t going to be overwhelming. Attorneys such as myself will have smaller footprints, and thus lower expenses. Read more . . .
Friday, August 5, 2016
Choosing an attorney is like choosing any service provider. Various factors need to be taken into account before making a decision, including cost, reputation, and even likability of the provider. Lawyers are licensed service providers who generally work hard to provide the best service possible. Your will is a vital part of the organization of your estate. While writing your own will is perfectly legal, it’s generally not a good idea: having a wills attorney draft it for you is the best course of action. Read more . . .
The Law Offices of Rick Todd has offices located in Columbia, Chevy Chase, Fairfax, Virginia, and Maryland and serves clients throughout Clarksville, Columbia, Ellicott City, Fulton, Rockville, Bethesda, Potomac, Laurel, Howard County, Montgomery County, and Washington D.C.
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