The Tyra Law Firm, LLC

Helping our neighbors plan for their family’s future and avoid painful issues.

  • The Tyra Law Firm, LLC
  • Neil W. Tyra, Esq.
  • Practice Areas
    • Estate Planning
      • Power of Attorney
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      • Advanced Health Care Directives
      • HIPAA Authorizations
      • Trusts
    • Elder Law/ Medicaid Planning
    • Family Law
      • Prenuptial Agreements
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      • Marital Separation Agreements
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      • Premises Liability
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Your Adult Child’s Estate Plan: Why It’s Important?

April 6, 2021
NWT Owner/Admin

College kid pondering his estate plan

My adult children were home for the Easter holiday and I took the time to have that important conversation with them about their estate plans. Wait? You are an estate planning attorney. Why haven’t you had that conversation with them before? Haven’t you said before that an adult child's estate plan is an important aspect of your overall estate planning function? Why, yes. Yes, I did. But we as parents had to do some Read More

Filed Under: Living Will, Trusts & Estates, Wills, Advanced Health Care Directive, Power of Attorney

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Update Beneficiary Designations to Avoid a Disaster

December 15, 2020
NWT Owner/Admin

One of the simplest things you can do to protect your hard-earned assets and manage your estate is to review your beneficiary designations statement. If you do not keep them up to date, a variety of disasters can occur. Three Women and a Man in a Coma Let me tell you a quick story. Years ago, long before I became an attorney, an acquaintance had a terrible car accident and was in a coma in the hospital. He was Read More

Filed Under: Wills, Estate Planning, Advanced Health Care Directive, Power of Attorney

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How Can I Protect My Teen When They Go Away to College?

June 28, 2020
Neil Tyra

Every summer, I am reminded of the intense emotions I felt all those years ago when my kids first went away to college. Sure, I was proud of them for graduating from high school. I was excited to watch them embark on the next step in their journeys. I was nostalgic about how quickly time passes, thinking of them as little toddlers running on the beach. But, most of all, I was scared. It wasn’t an active fear like I Read More

Filed Under: Advanced Health Care Directive, Power of Attorney, Trusts & Estates, Wills, Estate Planning

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Resources for Supporting a Loved One With a Terminal Diagnosis

May 20, 2020
Neil Tyra

Some Great Articles to Read -- Harvard Health, “When a Loved One is Terminally Ill” Mayo Clinic, “Supporting a Terminally Ill Loved One” MD Anderson Cancer Center, “Making Memories Last: The Art of Legacy Work” Maryland Healthcare Commission’s Consumer Guide to Longterm Care Hospice and Palliative Care Network of Maryland University of Maryland Medical Center’s Palliative Care Services Maryland Department of Read More

Filed Under: Trusts & Estates, Wills, Estate Planning, Advanced Health Care Directive, Power of Attorney

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Spring is in the Air! There’s No Better Time to Clear Out Your To Do List

April 14, 2019
Neil Tyra

Spring is a time of renewal, new growth, and possibility. Although many of us experience a burst of energy as the days grow longer and the weather gets warmer, it often doesn’t last long. In just a few weeks, our lives will begin to bustle with summertime preparations and an ever-growing To Do list. So, how can we make the most of the calm before the storm? Clear out those lingering tasks that have been sitting on Read More

Filed Under: Advanced Health Care Directive, Power of Attorney, Probate, MD Law, Trusts & Estates, Wills, Estate Planning

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Hiring a Professional Pays

March 25, 2019
Neil Tyra

In the United States, the majority of individuals don’t have any estate planning documents in place. Why is that? For some, it is difficult and uncomfortable to confront their own mortality. For others, there is a perception that the estate planning process is expensive or only meant for people who are already “successful.” To address this phenomenon, there have been a wave of “budget” and “DIY” estate planning Read More

Filed Under: Trusts & Estates, Wills, Estate Tax, Advanced Health Care Directive, Power of Attorney, Probate

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Your Blended Family is Unique: Tailoring Estate Planning to Meet Your Needs

March 12, 2019
Neil Tyra

A blended family is one with children from more than one partnership. For many families, this may be a second marriage in which one or both partners have children from a previous relationship. In some blended families, the second marriage also results in children. Blended families are very common, but the default laws in Maryland likely do not reflect how you want to provide for your loved ones after you pass. This Read More

Filed Under: Power of Attorney, Trusts & Estates, Wills, Estate Planning

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What Every New Parent Needs to Know About Estate Planning

March 12, 2019
Neil Tyra

New parents contemplating their estate plan

As a parent and an estate planning attorney, I spend quite a lot of time thinking about how to protect my children and provide for their futures using estate planning tools. But, my children are grown. For new parents, I know that estate planning may be the furthest thing from your mind. As a parent (or grandparent!), there are a thousand things to worry about. Having children in your life creates responsibility, Read More

Filed Under: Estate Tax, Inheritance Tax, Estate Planning, Advanced Health Care Directive, Power of Attorney, Probate, Funeral Planning, Trusts & Estates, Wills

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What Your Loved Ones Cannot Do for You Without a Power of Attorney

June 20, 2017
NWT Owner/Admin

Many people have the mistaken belief that if they should become unable to make decisions on their own, that their loved ones will be able to step in and take care of things. Whether the incapacitation is a permanent condition or just temporary, however, there are many things that loved ones can’t do unless they are granted specific legal authorities. This can be done by obtaining legal guardianship, which is Read More

Filed Under: Estate Planning, Power of Attorney

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Estate Planning Checklist – How to Know If You Need It

April 22, 2015
NWT Owner/Admin

estate planning

How do you know if you need to do estate planning? The easy answer is just about everyone needs to do some form of planning. Fellow ElderCounsel member Nicole Wipp recently developed a brilliant checklist for determining if you need estate planning. With her permission, here are eighteen estate planning checklist questions to help you learn whether you need estate planning.  (These cover the most common Read More

Filed Under: Trusts & Estates, Wills, Long Term Health Care Insurance, Medicaid, Estate Planning, Advanced Health Care Directive, Power of Attorney

Recent Posts

  • Your Adult Child’s Estate Plan: Why It’s Important?
  • What If You Fail to Name a Beneficiary?
  • Marital Separation and Estate Planning – Avoiding the Elective Marital Share Problem
  • Update Beneficiary Designations to Avoid a Disaster
  • Pet Trust: Will the Dog Inherit More Than Me?

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