3 Bethesda Metro Center, Suite 700
Bethesda, MD 20814
6301 Ivy Lane, Suite 700
Greenbelt, Maryland 20770
5028 Wisconsin Avenue, Suite 100
Washington, DC 20016
Michelle Profit is known to be a sharp and dedicated advocate who personally handles client matters from start to finish. She is able to address each client’s individual needs and objectives through client consultation sessions that gather the necessary facts, and facilitate a seamless collaboration with the client’s accountants and financial planners. The result is a comprehensive estate plan that can readily be modified and updated as family circumstances evolve.
For families, Michelle uses a variety of legal strategies to preserve family wealth and help parents pass their life savings to children or other heirs. Michelle is an expert with powers of attorney, durable powers of attorney, living wills, revocable and irrevocable trusts that minimize death taxes, wealth transfer, and ensuring that family wishes are honored during medical emergencies and serious illnesses.
For those families with a disabled child or declining parent, comprehensive plans including complex trusts, wills, and forms can be established to maintain eligibility for Medicaid benefits and Supplemental Social Security benefits, as well as an acceptable standard of living. Specifically, special needs trusts, for elderly parents and ABLE accounts can be created for those who become disabled before age 26.
In her spare time, Michelle volunteers her financial expertise, garnered from over twenty years of experience in the financial services sector. In particular she has drafted wills, durable power of attorneys and power of attorneys for health care, and living wills for America’s first responders through the Wills for Heroes non-profit organization. Michelle welcomes comments from individuals, who have recently experienced or are dealt with transition or disability. Share what could have made your life experience easier. Sign up for the latest news on estate taxes and news on legislative changes that make updating your will or estate plan absolutely necessary, by following us on Twitter.