What to Do When a Spouse Dies – Annapolis and Towson Estate Planning
Unfortunately, during the grieving process surviving spouses also need to navigate the complex financial issues that arise after the death of their partner.
How to Pre-pay for a Funeral – Annapolis and Towson Estate Planning
There are two primary ways to pre-pay for a funeral: via either pre-need funeral insurance policies purchased through a funeral home, or by setting up a funeral trust with a bank or financial institution. Each method works a bit differently.
How Can I Relieve My Family’s Stress when I Die? Annapolis and Towson Estate Planning
In this article, we discuss seven specific ways that you can make life easier for your loved ones after you die.
Does an Elder Orphan Need an Estate Plan? – Annapolis and Towson Estate Planning
This is big concern for millions of older Americans who don’t have a spouse, children or other family they can depend on to watch out for their well-being.
Why Do I Need a Will? – Annapolis and Towson Estate Planning
If you die without a will, you die “intestate” and your assets will be distributed according to your state’s law. That could result in a distribution you didn’t intend.
What Happens to Parents’ Debt when They Die? – Annapolis and Towson Estate Planning
Adult children typically don’t have to pay their parents’ bills. However, there are exceptions. Even when a child doesn’t have to pay directly, debt could reduce what they inherit.
What Assets Should Be Considered when Planning Estate? – Annapolis and Towson Estate Planning
From digital assets to financial accounts to sentimental items, here’s what to think about to make sure your loved ones have access to everything they need when you pass away.
Write a Letter of Instruction for Loved Ones – Annapolis and Towson Estate Planning
Executors can use additional information in administering estates, especially if the executor is unrelated to the decedent.
Why Is Estate Planning So Important? – Annapolis and Towson Estate Planning Attorneys
The word “estate” has always been connected to “ultra-rich” families, those with a lot to leave behind after their death. However, definitions have changed, and anyone who has anything to leave behind needs to plan their estate. “Estate planning” essentially becomes your family’s guidebook, once you are no longer in the picture. Sounds important? Definitely, and here’s why.
What is not Covered by a Will? – Annapolis and Towson Estate Planning
While a will is one of the most important estate planning documents you can have, there are things that a will won’t cover.