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.
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How Long Does the Probate Process Take in Maryland?

July 10, 2020
Neil Tyra

If you have recently been named a personal representative in a loved one’s Maryland probate administration, you are probably wondering, “how long will the probate process take?” You may have heard that the probate process can be long and fairly costly. In fact, there is a lot of variation in how the probate process works. Let’s back up and walk through the process together: My Loved One Just Passed, How Do I Read More

Filed Under: Estate Planning, Probate

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“My Parents Probate Couldn’t Possibly Be That Bad” 5 Reasons You Could Be Wrong

May 20, 2019
Neil Tyra

Have you asked your parents about their estate plans? Chances are, it feels like a delicate subject. We don’t want to pry, or seem like we’re waiting for our parents to pass, so we don’t ask. We think, “It’ll be ok if they don’t have a plan. Probate couldn’t possibly be that bad.” In this way, we convince ourselves that the burden of probate is easier than having an uncomfortable conversation with our parents. It Read More

Filed Under: Probate

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

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

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Estate Planning in Your Pajamas!

October 25, 2018
Neil Tyra

Estate planning? Who has time for that? You have a job, you go to school, you've got kids, there’s soccer practice and dance classes, you work with the church, the dog needs walking, and oh yeah, you might want a little bit of a social life. So with all that going on who really does have time to think about the future and plan for their loved ones? In working with a lot of clients who are younger, who just bought Read More

Filed Under: Trusts & Estates, Estate Planning, Probate

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A Brief Q&A on the Maryland Probate Process

October 20, 2016
NWT Owner/Admin

The word probate on a stamp on a big folder of paperwork

The Maryland probate process involves proving that a deceased person’s will is valid and administering property or debts in accordance with the valid will. Depending on the amount of property or debt, the probate process can be complicated. The following information will help you work toward understanding the Maryland probate process. What is a will? A will is a legal document that is signed by the decedent in Read More

Filed Under: Elder Law, Estate Planning, Probate

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Your Estate Planning Documents Are Done. Now What?

May 28, 2015
NWT Owner/Admin

vault

Our firm maintains relationships with financial and tax advisors in order to assist us in answering complex questions in these areas of your estate planning. The following article was written by our friend Brian Kuhn of PSG Clarity and titled "Your Legal Documents Are Done, Now What? – A Financial Planner’s Perspective". Brian has graciously allowed me to reprint the article here. For all of your financial and Read More

Filed Under: Trusts & Estates, Wills, Estate Planning, Probate

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Avoiding Probate: Is It Worth It?

May 5, 2015
NWT Owner/Admin

probate court

Our firm maintains relationships with financial and tax advisors in order to assist us in answering complex questions in these areas of your estate planning. The following article first appeared in our friend Kevin O'Reilly of The Emerald Financial Group's monthly newsletter entitled "Your Financial Compass". Kevin has graciously agreed to allow me to reprint it here. For all of your financial and tax planning needs, Read More

Filed Under: Trusts & Estates, Wills, Estate Planning, Probate

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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