Gershberg & Associates, LLC

Gershberg & Associates, LLC Gershberg & Associates, LLC is a firm focusing on estate planning, probate, and trust administration.

08/03/2026

Medicaid can be an incredible resource for those who need long-term care, but many families are surprised to learn that it also comes with important planning considerations.

In Maryland, the cost of nursing home care now averages between $155,000 and $173,000 per year, making it one of the largest financial risks many retirees may face. While Medicaid can help cover these expenses for those who qualify, the State may later seek reimbursement from a recipient’s estate after their passing through a process known as estate recovery.

Without proper planning, assets you hoped to leave to your spouse, children, or grandchildren could be significantly reduced or completely eliminated. The good news is that with careful and early planning, this outcome is often avoidable. Thoughtful estate planning can help protect your wishes, preserve your legacy, and provide clarity for the people you love most.

For the most effective outcome, timing is crucial, which is why having these conversations before a crisis occurs is so important. Understanding your options today can make a tremendous difference tomorrow, giving you and your loved ones greater confidence and peace of mind for whatever the future may bring.


 
 
 


07/11/2026

There was something especially meaningful about watching Rick step away from the conference room and into his grandson’s elementary school classroom. With more than 45 years of experience, he shared not only what it means to be an attorney, but what it means to truly serve people. He spoke about the many areas of law he has practiced throughout his career before finding his calling in estate planning and trust law, where he now helps families prepare for the future with compassion, clarity, and care.

Rick’s advice about becoming a lawyer was one the students won’t soon forget. He compared the journey to leveling up in a video game, beginning in elementary school and progressing through middle school, high school, college, law school, and finally passing the bar exam. It was a wonderful reminder that every big dream begins one step at a time.
One of the sweetest moments came when a student asked, “What kind of judge is your favorite?”

Rick shared the story of a judge who left a lasting impression on him, not because of the outcome of a case, but because of how carefully she listened, took thoughtful notes, and considered every side before making a decision. Fairness, preparation, and truly hearing someone’s story are the same principles Rick has brought to every client for more than four decades.

It was a privilege to watch the next generation discover that being a great lawyer is about far more than knowing the law. It’s about listening with intention, treating people with respect, and remembering that every case begins with a person and a story.

What You Need to Know about the Medicaid Estate Recovery Program in Maryland: As life expectancy continues to increase, ...
07/10/2026

What You Need to Know about the Medicaid Estate Recovery Program in Maryland: As life expectancy continues to increase, many of my clients find themselves confronting the realities of long-term care planning. Many of them focus on qualifying for Medicaid to help pay for nursing home care without fully understanding what can happen after a Medicaid recipient passes away. Although qualifying for Medicaid may be an important step […]

The post What You Need to Know about the Medicaid Estate Recovery Program in Maryland appeared first on Gershberg & Associates, LLC.

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A few weeks back, we had the privilege of visiting New Orleans and diving into some of the latest developments in ESTATE...
06/09/2026

A few weeks back, we had the privilege of visiting New Orleans and diving into some of the latest developments in ESTATE PLANNING, with a special focus on INHERITED IRAs and RETIREMENT ACCOUNTS .

The rules surrounding IRAs after death have changed significantly in recent years, and the impact on families can be substantial. These issues are often more complex than many people realize, which is why continuing education is so important.

Staying informed allows us to better serve our clients and help ensure their plans reflect current laws, changing regulations, and their long-term goals.

These conferences also provide something equally valuable: time for our team to learn together, exchange ideas, and strengthen the way we work with one another. Stepping away from the office to collaborate, problem solve, and grow professionally helps us return sharper, more efficient, and even better equipped to serve the families who place their trust in us.

Learning never stops when it comes to protecting the people and assets that matter most.





Marriage equality created important legal protections for many LGBTQIA+ couples, but thoughtful estate planning is still...
06/03/2026

Marriage equality created important legal protections for many LGBTQIA+ couples, but thoughtful estate planning is still essential to fully protect the people you love.

Every family deserves clarity, security, and peace of mind. A Last Will and Testament is especially important because it is the only legal document that allows you to name a guardian for minor children. This becomes even more critical in families where one parent is not a biological or adoptive parent.

Planning ahead also helps reduce uncertainty during emotionally difficult moments. Open communication, along with properly prepared legal documents, can help ensure your wishes are understood in the event of your death or incapacity.

Estate planning is not just about finances. It is about protecting your family, honoring your relationships, and making sure the people closest to you are cared for according to your wishes.

A thoughtful estate plan is about more than passing down wealth. It’s about protecting the people you love long after yo...
06/01/2026

A thoughtful estate plan is about more than passing down wealth. It’s about protecting the people you love long after you’re gone.

A big advantage of a trust is the ability to create staggered distributions, allowing beneficiaries to receive an inheritance gradually over time instead of all at once at a young age. This structure can encourage financial responsibility while helping preserve assets for the future.

Trusts can also offer an added layer of protection and privacy. Because they are administered outside of probate court, family finances remain confidential rather than becoming part of the public record. That privacy can help reduce conflict, outside interference, and the risk of financial exploitation.

A trust is not just a legal document. It’s a strategy for protecting your legacy, supporting future generations, and ensuring your wishes are carried out with care and intention.

FamilyLegacy

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05/25/2026

Thank you! 🙏🇺🇸

In Maryland, you can legally create a pet trust to protect your animals if something happens to you.Instead of relying o...
04/14/2026

In Maryland, you can legally create a pet trust to protect your animals if something happens to you.

Instead of relying on someone’s goodwill, a pet trust lets you set aside funds, name a caregiver, and appoint someone to manage the money, with clear instructions for everything from daily routines to veterinary care.

It lasts for your pet’s lifetime and is legally enforceable, meaning someone can step in if your wishes aren’t followed or funds are misused. Courts can even adjust excessive funding to keep things reasonable.

It’s not just planning.

It’s real protection, accountability, and peace of mind for the life that depends on you.

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11419 Cronridge Drive, Suite 7
Owings Mills, MD
21117

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Thursday 9am - 5pm
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