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Could Your Loved One be the Victim of Elder Abuse?

Posted by Neil Tyra | Jan 02, 2020 | 0 Comments

As our parents age, it can be painful to realize that they are no longer able to do everything for themselves. Whether they need some help driving, performing household chores, or caring for their finances, it is important to recognize when the elders in your life need help. Of course, recognizin...

Are You Starting a New Job in the New Year?

Posted by Neil Tyra | Dec 18, 2019 | 0 Comments

Here we are. The last few weeks of 2019, and the new decade is right around the corner. Do you have anything new and exciting coming up in 2020? Often, the start of a new year brings with it some big changes. What about changes in your work life? Are you starting a new job? Getting a promotion? T...

‘Tis the Season for Estate Planning

Posted by Neil Tyra | Dec 10, 2019 | 0 Comments

At The Tyra Law Firm, we care deeply about our clients and their families. From our perspective, estate planning is all about love, and we are committed to helping our clients show their love by providing for and protecting those they cherish. But, like most things, there are two sides to every c...

Estate Planning for Newlyweds

Posted by Neil Tyra | Dec 05, 2019 | 0 Comments

‘Tis the season! Yes, the season for holiday cheer. But it's also engagement season! As the planning begins for your big day in the new year, remember to include estate planning on your list. From the moment you “kiss the bride (or groom),” break the glass, or bind your hands together, your relat...

Are You Traveling Internationally This Holiday Season?

Posted by Neil Tyra | Nov 26, 2019 | 0 Comments

Traveling the world is an exhilarating adventure, and it can be especially magical around the holidays. Planning for a trip across the globe is fun and exciting, but thinking about estate planning while plotting the course of your big adventure can be decidedly less exciting. Although estate plan...

Give Thanks With A Thoughtful Estate Plan

Posted by Neil Tyra | Nov 13, 2019 | 0 Comments

What are you Thankful for this Year? Thanksgiving is the first spark of the holiday season, and before we head into the merriment, joy, and yes, sometimes stress, we are given the opportunity to pause and consider what we are thankful for. What are you most thankful for? The loved ones in your li...

“Nothing’s Changed”: The Truth about Old Estate Plans

Posted by Neil Tyra | Nov 07, 2019 | 0 Comments

As a responsible parent, business owner, homeowner, or caregiver, you wrote a will. You have a Power of Attorney. You even have a complete Advance Medical Directive. So, you're done, right? Sure, those documents were completed fifteen years ago, but nothing's really changed since then, has it? At...

Creating an Addiction Trust for Loved Ones

Posted by Neil Tyra | Nov 07, 2019 | 0 Comments

In the United States, 21.5 million adults (aged 12 or older) battle with some kind of substance abuse disorder. The opioid epidemic is on the rise, and addiction affects many families nationwide. Decades of research show that addiction is a chronic illness, and many in recovery have one or more r...

5 Guardianship Mistakes that Could Put Your Kids at Risk

Posted by Neil Tyra | Nov 01, 2019 | 0 Comments

In this blog post, we are going to dive into some uncomfortable topics. Before we begin, I want you to know two things: 1) You have already taken the first step. By clicking on this blog post, or by starting to consider guardianship issues for your minor children, you are already on your way to p...

How the SECURE Act Could Change Your Estate Plan

Posted by Neil Tyra | Jul 08, 2019 | 0 Comments

For many, your IRA is the largest asset in your estate. Yes, even larger than your home or your investments. Why? Because you worked hard to save for retirement. You have dutifully contributed to your IRA over the years knowing that, not only is your IRA your safety net in retirement, but it is a...

Keep Your Vacation Home Out of Ancillary Probate

Posted by Neil Tyra | Jun 22, 2019 | 0 Comments

It's the middle of summer, and families all across the Washington region are looking for ways to beat the heat. Does your family love to escape at the beach? What about a cool mountain retreat? Maybe you like to take a week every summer to visit friends or family up north. Wherever you travel, we...

Create a Legacy that Represents Your Life

Posted by Neil Tyra | Jun 17, 2019 | 0 Comments

Everyone, regardless of age, status, material wealth, education, or notoriety, will leave a legacy behind. Even if we never think about our legacy, never take any actions to prepare for after our passing, each of us will still pass and leave our imprint on the world. Think about it: what if today...

Are You a Member of the Sandwich Generation?

Posted by Neil Tyra | Jun 03, 2019 | 0 Comments

These days, there is a name for every generation: Baby Boomers, Gen X, Millennials, Gen Z, and each generation is loosely defined by a few key characteristics that group them together. You may have heard the term “Sandwich Generation” used lately, but what does it mean and are you a member? The t...

Do You Need a Simple Probate Avoidance Trust?

Posted by Neil Tyra | May 27, 2019 | 0 Comments

You have probably heard the term “trust” used before. Often it's used in the context of a “trust fund baby,” someone who doesn't really have to work because they always have a steady flow of money coming in from a wealthy relative. But, keeping your kids living the good life isn't really the prim...

Does Your College Kid Have a Plan?

Posted by Neil Tyra | May 13, 2019 | 0 Comments

The end of the school year is drawing near, and high school seniors throughout the State of Maryland are starting to make a plan. They are choosing where they want to go to college, what classes they want to take, what dorms they want to occupy, what interests they want to pursue. But, have they ...

Planning for Passing: There is End-of-Life Support Available

Posted by Neil Tyra | Apr 29, 2019 | 0 Comments

Death is never an easy subject. However, it is an important topic that touches each and every person. So why is it so hard to talk about? For many of us, death is not a part of our daily lives. In fact, we tend to go out of our ways to remove ourselves from death altogether. The result? This dist...

What Happens to Your Student Loans When You Die?

Posted by Neil Tyra | Apr 22, 2019 | 0 Comments

If you've been paying attention to the news, you know that student loans are bigger and more common than ever before. There is currently over $1.45 trillion in outstanding student loan debt in the United States, and 42 million Americans have some amount of student loan debt (the average borrower ...

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