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Why You Need an Estate Planning Attorney
Handling legal documents without expert guidance can lead to costly mistakes, overlooked details and unintended consequences.
How Divorce Affects an Estate Plan
Divorce significantly impacts estate planning, requiring updates to wills, trusts and beneficiary designations to ensure that assets are distributed according to new intentions.
BENEFICIARY
How Do Beneficiary Designations Work? – Annapolis and Towson Estate Planning
When was the last time you updated, or even thought about, the beneficiary designations listed on your retirement accounts, life insurance, or annuity contracts? If you don’t remember, it’s time for a review!
What Should I Know About Wills? – Annapolis and Towson Estate Planning
A last will and testament is a legal document that controls how most of your property and obligations are distributed after your death.
What Should I Know About a Living Trust? – Annapolis and Towson Estate Planning
A living trust is a legal document which places ownership and control of property into a trust, managed by a trustee for your benefit. Living trusts are often used as part of estate planning and can be helpful in case of incapacity.
What Three Things Do People Overlook on Estate Planning Benefits? – Annapolis and Towson Estate Planning
The main reason to plan your estate is to make sure that your wishes are followed after you are gone.
What Is the Purpose of an Executor? – Annapolis and Towson Estate Planning
Being named as an executor in a loved one’s Last Will and Testament is a big responsibility. It is important to understand what you are agreeing to before you step into the role as executor.
Protecting Assets with a Trust vs. Limited Liability Company – Annapolis and Towson Estate Planning
To protect assets effectively, you have to store them in the right legal entity. However, that can depend on whether you’re looking to protect business assets, avoid estate taxes, or protect personal assets from legal liability while running a business.
What Is Probate?- Annapolis and Towson Estate Planning
If the estate is large and complicated, the assistance of an accountant may be needed. The deceased's estate lawyer may also need to be involved.
Three Ways to Making Trusts Millennial Friendly – Annapolis and Towson Estate Planning
If your estate plan benefits Gen Y (also known as Millennials) it’s important to design a trust that supports what makes them thrive.
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