house after death
Pitfalls of Joint Ownership
Joint ownership may seem like an easy way to share asset., However, it can create legal, financial and tax complications that could harm you and your heirs.
How is Estate Planning Used to Distribute Property? – Annapolis and Towson Estate Planning
It is commonly understood that upon death, our property will pass to someone else. However, the details of exactly how property passes often seem a bit more mysterious.
Some Assets Better Left Outside of Will – Annapolis and Towson Estate Planning
That last will and testament you have tucked away? It may not be the last word on what happens to your stuff after you are gone. Instead, that legal document’s directives for doling out your wealth may be overruled by other paperwork and relevant laws.
Estate Plans Can Protect against Exploitation – Annapolis and Towson Estate Planning
According to experts, despite increased phishing emails and robocalls, it is far more common for financial exploitation to be committed by people who know the victim, such as relatives, caregivers, neighbors, or ‘friends.’
What Do You Need to Do When a Spouse Dies? – Annapolis and Towson Estate Planning
Death, while inevitable, is not often predictable. This can leave many people financially unprepared if their spouse suddenly dies–especially if the deceased was the one that took care of the household balance sheet.
Does the Way I Title My Assets Have an Impact on My Estate? – Annapolis and Towson Estate Planning
The way in which assets are titled can be vital.
Addressing Vacation Home in Another State in Estate Planning – Annapolis and Towson Estate Planning
So why should you consider a more comprehensive plan than just leaving an out-of-state vacation home in your will?
What’s the Best Way to Mess Up Estate Plan? – Annapolis and Towson Estate Planning
Here are the top five mistakes people make that upend their planning.
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.
What are the Stages of Probate? – Annapolis and Towson Estate Planning
Although most assets in your estate may pass through the probate process, other assets may not. It often depends on the type of asset or how an asset is titled.