What You Need to Know about Drafting Your Will – Annapolis and Towson Estate Planning
If you pass away with no will, a state court may decide who gets your assets and — if you have children — who will care for them.
What You Need to Do after a Loved One Dies – Annapolis and Towson Estate Planning
When a family member or other loved one dies, the natural response is to feel overwhelmed. However, there are some very practical and legal matters that need to be attended to ‘immediately, if not sooner.’
Do I Need an Estate Plan with a New Child in the Family? – Annapolis and Towson Estate Planning
If you have children or are expecting one, you may also want to take the three big estate planning steps that we did.
Which Takes Priority in a Conflict: a Will or a Trust? – Annapolis and Towson Estate Planning
A will and a living trust are both part of a comprehensive estate plan, that sometimes are inconsistent with one another. When there are conflicts, the trust takes precedence.
Am I Making One of the Five Common Estate Planning Mistakes? – Annapolis and Towson Estate Planning
When is the last time you updated your will? Could your beneficiaries have changed? If you have a trust, did you actually fund it? Is your plan ready for the new SECURE Act? Here are five mistakes you don't want to make.
If Not Now, When? It is the Time for Estate Planning – Annapolis and Towson Estate Planning
Estate planning attorneys are getting mobbed with questions. Here is some timely advice from three attorneys on what families and business owners should be doing to prepare, in case the unimaginable happens.
Do You Think Everything Is All Set with Your Estate Plan? – Annapolis and Towson Estate Planning
You’ve considered how you want your estate to be distributed after you die. Hopefully, you’ve even written a will to make sure your wishes will be followed. So, your estate is planned…right?
What are the Main Estate Planning Blunders to Avoid? – Annapolis and Towson Estate Planning
Maintaining a valid and current estate plan is vitally necessary in order to ensure the efficient and orderly dispersion of assets after a person dies. However, even a small mistake can create huge problems during the settlement process, and in many cases, these errors are impossible for anyone to correct.
What’s the Best Way to Provide for My Family when I’m Gone? – Annapolis and Towson Estate Planning
Estate planning involves making a plan for the transfer of your property upon your death or incapacity. Your estate is all of the property you own, which can include cash, jewelry, cars, houses, clothes, land, retirement, investments and savings accounts. The goals of estate planning are to make sure most of your estate is transferred to your beneficiaries, you pay minimal taxes on the estate and children are assigned guardianship.
How Do I Revoke a Revocable Trust? – Annapolis and Towson Estate Planning
The basic steps involved in revoking a revocable trust are fairly simple and include the transfer of assets and an official document of dissolution.