There is a lot of mis-information circulating about estate planning, which is understandable given how complicated this area of law really is. Living trusts, for example, are one of the most commonly misunderstood aspects of estate planning, but this should not stop you from creating one, if that is what is in your best interest. … Continued
Every person, no matter your age, should have a will or trust to ensure that your assets and property are handed down as you see fit. Without a will or a trust, the state of Maryland may end up distributing your assets according to the law versus according to your wishes.. Many people believe their … Continued
The majority of Americans do not have a will or a trust. According to USA Today, 64 percent of Americans do not have a will. But do you really need one? The answer to that is most likely yes. However, do you need a simple will or will your loved ones be better off after … Continued
Our families change over time. Children and grandchildren are born. Some people get a divorce and remarry. Bank accounts are opened and closed. Real estate is bought and sold. People change jobs and roll over their retirement accounts. For all of these reasons, it is important to establish an estate plan so the family’s assets … Continued
As we age it becomes increasingly important to consider creating or refining a will or estate plan. A well crafted estate plan not only helps put one’s mind at ease, knowing that their final wishes will be carried out, but it serves to console your survivors when you are gone. Having a legal decision on … Continued
Wills Spell Out How Assets Are Distributed You may leave your assets and property to anyone you choose. But, without a will, the law determines how your assets are distributed. This may not be how you want it. For example, when a person dies without a will and has no spouse or any minor children, … Continued
