Aryeh Guttenberg

Attorneys, Business Law Attorneys, Corporation & Partnership Law Attorneys

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Aryeh Guttenberg

Guardianship
In the event of the death of both parents, a minor child is not legally qualified under Maryland law to care for himself or herself or to manage property. A minor child is a child under 18 years of age. In planning your estate, you should consider what would happen to your child if both you and your spouse died. To plan for such an occurrence, you should name a guardian to supervise your child and his or her property until the child attains 18 years of age. To provide for the management of the child’s property, you also might want to consider such alternatives to a guardianship as a trust or a transfer under the Uniform Transfer to Minors Act. Or, you may wish to consider setting up a “Section 529 Plan” which can have extraordinary tax advantages in funding your child’s higher education expenses.

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Phone: (410) 484-7711

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Guttenberg & Franklin

Guttenberg And Franklin

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Attorneys, Business Law Attorneys, Corporation & Partnership Law Attorneys, Estate Planning, Probate, & Living Trusts, Family Law Attorneys, General Practice Attorneys, Legal Service Plans, Social Security & Disability Law Attorneys, Tax Attorneys, Trust Companies, Wills, Trusts & Estate Planning Attorneys

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Phone: (410) 484-4170

Address: 2835 Smith Ave Ste 201, Baltimore, MD 21209

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Aryeh Guttenberg

Guardianship
In the event of the death of both parents, a minor child is not legally qualified under Maryland law to care for himself or herself or to manage property. A minor child is a child under 18 years of age. In planning your estate, you should consider what would happen to your child if both you and your spouse died. To plan for such an occurrence, you should name a guardian to supervise your child and his or her property until the child attains 18 years of age. To provide for the management of the child’s property, you also might want to consider such alternatives to a guardianship as a trust or a transfer under the Uniform Transfer to Minors Act. Or, you may wish to consider setting up a “Section 529 Plan” which can have extraordinary tax advantages in funding your child’s higher education expenses.

Business and Corporate Law

Business Formation
Amanda Hunt Franklin joined our law office in July 1999 as an estate and trust paralegal. Since that time, she has been a pivotal part of our office - from paralegal, law clerk, associate and now a member of the firm. Amanda is principally involved in the ongoing handling of probate matters, estate administration, preparation of federal and state estate tax returns, federal gift tax returns, elder law and medicaid planning, and estate planning. Amanda is also engaged in complex estate and trust litigation and has developed a thriving corporate practice where she handles matters involving business formation, business succession and business agreements.

Medicaid Planning
“Elder law” encompasses several areas of law focused on “senior Americans”, including estate planning, long-term care planning, management of assets in the event of incapacity and medical assistance (Medicaid) planning. In general, properly drafted Wills and Revocable Trusts and Powers of Attorney are the first step in coordinating your estate plan. But for many, it may be necessary to obtain advice on issues of long-term care such as nursing home admission agreements and long-term care insurance policies. For others, Medicaid planning (government funding of nursing home costs) may be a desirable option, particularly where there is opportunity to plan. This may involve transfers of assets to children, transfers between the institutionalized spouse and the community spouse and the protection of the residence from Maryland’s lien law. These matters are generally not intuitive and require delicate planning with precision and care. Our office has successfully assisted many clients with these issues.

Trusts and Estates

Estate Planning
Law Offices of Guttenberg and Franklin:: Amanda Authors Article for Maryland Bar Newsletter on Advanced Estate Planning Institute
Wills
We use our expertise to design and implement efficient, creative and integrated trust estate planning, wealth preservation, business and tax reduction solutions for families and businesses. And, we employ our experience and know-how to assist clients with the administration of estates and trusts in a cost-effective, streamlined and tax-advantageous manner. Through our writing (the authoritative estates and trusts book for professionals - Maryland Estate Planning, Wills and Trusts Library - 3 Volumes) and teaching (faculty, University of Maryland School of Law), we are called upon, as leaders in the trusts and estates field, and as advisors and consultants to Maryland's legal and financial community, to develop new and effective wealth preservation strategies for a changing federal and state gift and estate tax system.
Trusts
On February 15, 2005, Aryeh presented a seminar for Board Members and Donors for the University of Maryland Medical System (UMMS) Foundation on “Charitable Giving Techniques.” Click here for the PowerPoint presentation. Click here to review the lead article of our recent newsletter recommending the use of Charitable Lead Trusts in a fluctuating interest rate environment. We have implemented several charitable trusts and private foundations for clients. It is especially advantageous tax-wise for those with a high estate tax exposure and who wish to benefit charities at substantial tax-savings.
Power of Attorney
New forms and discussion of Durable General Powers of Attorney, including gift-giving powers, indemnification of third parties, and nuances of Maryland law, including discussion of King v. Bankard and recent case of Figgins v. Cochrane.
Probate

Tax Law
Aryeh presented a seminar at the AIPAC policy conference at the Washington Convention Center on June 1, 2008 on behalf of the American Israel Education Foundation. Aryeh's topic was "Successful Transfer Tax Planning in a Time of Legislative Change." Please click here to view Aryeh's PowerPoint presentation.

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