Planning for Incapacity
Incapacity may be sudden, such as a car accident, or the result of a gradual decline, such as Parkinson’s Disease or dementia. It may happen at any phase of your life. Being prepared by authorizing others to act for you is key to making sure your wishes are respected, and your finances are secure.
10 McMillan Metro Faerber Attorneys Recognized in the 31st Edition of The Best Lawyers in America
Back-to-School Backpack Drive for the National Center for Children and Families (NCCF)
A great education starts with being prepared. McMillan Metro Faerber is delighted to help local students put their best academic foot forward by providing the school supplies they need to thrive in the classroom – and beyond.
Sometimes, a Will Won’t Do
I know: You expect an estate-planning attorney to be all in favor of Wills. It is absolutely true that you need documents to protect your assets and take care of your loved ones if you are no longer around, but as you’ll read in the USA Today article that follows, a Will isn’t always the best answer.
Celebrating the Montgomery County Women’s Bar Association Party
McMillan Metro Faerber is a firm believer in equity, a belief aligned with the Montgomery County Women’s Bar Association‘s tenet that a strong community of women in the legal profession is essential to the administration of justice.
McMillan Metro Faerber Attends Mega Multi-Chamber Mixer
A tight-knit community is a strong community. McMillan Metro Faerber is proud to reciprocate the support our local networks provide us through our Potomac Chamber of Commerce membership. As Chamber members, we enjoy numerous opportunities to connect with professionals in our field and others, including the recent Mega Multi-Chamber Mixer held at the Crossvines event center in Poolesville.
The Green Death Care Options Act
There is a growing trend in the United States to choose green “death care” options. My clients bring this up more frequently these days. They are choosing to put this in their estate planning documents as their plan of choice. The term “Green Burial” means that the body is buried, but there is no embalming of the body, no liners or vaults, using biodegradable containers, whether caskets, shrouds, or nothing at all. The Green Burial Council (GBC), a non-profit organization that encourages environmentally sound burials, states that “Green burial is a way of caring for the dead with minimal environmental impact that furthers ecological aims such as the conservation of natural resources, reduction of carbon emissions, protection of worker health, and the restoration and/or preservation of a habitat.”
Keep Those Beneficiary Designations Updated
The cases start all over the country and leave a trail of misery and disappointment:
Selling Your Business? The Final Price Isn’t Always Right.
Fair warning if you are selling your business: The price you and the buyer agree to may not be the price you actually get due to a common and very important term known as the “working capital requirement.” If you’ve never sold a business before, the working capital requirement may come as a big surprise. You are likely to encounter it for the first time in the letter of intent, the first occasion when major terms of the deal are put down in writing.