What Documents are Needed in an Emergency? – Annapolis and Towson Estate Planning Attorneys
If you knock time and money off the excuse list, you can take care of some important estate-planning tasks.
If you knock time and money off the excuse list, you can take care of some important estate-planning tasks.
You might be surprised at how many questions arise surrounding financial issues, legal arrangements and lifestyle choices.
We’re all looking to save taxes, court costs, legal fees and ‘make it simple’ for our heirs. A last will and testament is the cornerstone of all estate planning, maybe with a trust.
When preparing estate planning documents, certain beneficiaries may need more protection than others. One particular class of beneficiaries that needs to be intentionally considered is minor children.
My mother told me many times over the years that she had a will, and I believed her. When she passed away, we discovered that her will was 40 years old—and completely useless.
Although laws vary from state to state, every state requires that less restrictive alternatives be considered before invoking a guardianship. These might include such vehicles as limited guardianships, powers of attorney or assisted decision-making agreements.
Estate planning is not just for the wealthy. Anyone with a bank account, house, car or other personal property should have a will.
What types of decisions have you and your loved ones made, or avoided making, about planning for the years ahead?
Guardianships – also referred to as conservatorships – are drastic and invasive.
Perhaps the largest number of people who may benefit from asset protection planning are those who are at most mildly concerned about asset protection issues, or not even aware of the need for such planning.