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.
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.
What Do I Do with Estate Plan after Divorce? – Annapolis and Towson Estate Planning
Major changes in your life—such as marriage, having a baby, moving out of state, or divorce—should prompt a revisit to your current will. It is important to revise your will at these times, in order to ensure that your estate planning is up to date.
What a Will Won’t Accomplish – 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.
How Can I Pass Wealth to My Children and Grandchildren? – Annapolis and Towson Estate Planning
Inherited assets come with benefits, along with some burdens
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.
What are Top ‘To-Dos’ in Estate Planning? – Annapolis and Towson Estate Planning
The biggest misconception people have about estate planning is that “they are not that old and can do it later,” say almost half (49%) of advisors in a recent Key Private Bank Advisor Poll on estate planning. Yet, the majority (73%) of advisors say the ideal age to start putting an estate plan in place is before 40—earlier than many people think.
Do You Have to Do Probate when Someone Dies? – Annapolis and Towson Estate Planning
For most of us, the first time we ever thought about probating a will is when someone in our family has died. So, what does it mean to probate a will?
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.
Why are Beneficiary Designations Important in Estate Planning? – Annapolis and Towson Estate Planning
Vanguard has sent me a beneficiary designation verification letter. For the primary beneficiary, it says it will be the person I am married to at the time of my death. For the secondary beneficiary, it says, my descendants “per stirpes.” I have one child. Should the beneficiary designation include his name?