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.
Is It Necessary to have a Medical Power of Attorney? – Annapolis and Towson Estate Planning
Selecting medical powers of attorney is an important step that aging parents should take to ensure they get the care they wan,t if they are unable to advocate for themselves.
Can I Change My Estate Plan During Divorce? – Annapolis and Towson Estate Planning
At such an emotional time, more paperwork is probably the last thing you want on your to-do list. However, taking a few key steps is critical to your financial future.
How to Approach Parents about Estate Planning – Annapolis and Towson Estate Planning
If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. However, because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off—and even more pleasing to avoid them altogether.
Do College Kids Need Estate Planning? – Annapolis and Towson Estate Planning
As a legal adult after attaining the age of 18, your child should have in place several legal documents that will allow you to provide support and obtain information, if something unexpected happens to your child.
What Should Small Business Owners Know about Estate Planning? – Annapolis and Towson Estate Planning
Small business owners have their hands overflowing with issues, and they devote most of their time to matters related to the smooth running of the business. Having no time to think about other matters, they do not bother about estate planning for them.
When Should You Update Your Estate Plan? – Annapolis and Towson Estate Planning
If your life changes, so should your estate plan. Marriage, divorce, death of a spouse, a birth and a changing relationship with a child are just some of the life changes that may affect your estate plan.
Where Do You Score on Estate Planning Checklist? – Annapolis and Towson Estate Planning
Every so often, it’s smart to methodically go through your estate planning documents and see if any tweaks are needed. Here’s a checklist to guide you through that mission.
What are the Key Documents in Estate Planning? – Annapolis and Towson Estate Planning
It can be easy to overlook, but an estate plan is essential for nearly everyone, whether you have a lot of money or just a little. An estate plan tells your heirs and the courts how to divide up your assets. However, it also helps protect your loved ones from unnecessary hassle and expense – as well as potentially months, even years, tied up in the court system settling your estate.
Choose Wisely and Protect Yourself When Naming a Power of Attorney – Annapolis and Towson Estate Planning
Children may have moved away or lost touch. Old contacts may have died or become disabled. You cannot trust everyone and criminal cases based on misuse of a power of attorney do exist.