Why Do I Need an Estate Plan? – Annapolis and Towson Estate Planning
Don't leave your family to fight over your belongings if something happens to you. Having a plan in place can help them grieve in peace.
The Basics of Estate Planning – Annapolis and Towson Estate Planning
Estate planning might sound like something that’s just for wealthy people with huge beach houses and billions in the bank. However, the truth is that estate planning is something we all need to think about.
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.
What Estate Planning Can a Nursing Home Resident Do? – Annapolis and Towson Estate Planning
Research shows that most of these executors aren’t experts and struggle with the estate settlement process.
Does My College Kid Need an Estate Plan? – Annapolis and Towson Estate Planning
As a kid reaches 18, they’re an adult in the eyes of the law. Therefore, your parental authority no longer exists and in turn you can lose access to information.
Is Your Business Included in Estate Plan? – Annapolis and Towson Estate Planning
When you own or operate a business, ensuring that this plan accounts for the future of the business is critical.
How Does Probate Court Work? – Annapolis and Towson Estate Planning
Probate court is a segment of the judicial system that oversees the execution of wills as well as the handling of estates, conservatorships and guardianships.
Important Documents in Your Estate Plan – Annapolis and Towson Estate Planning
There are two documents everyone needs in their estate plan: The Durable Power of Attorney (DPOA) and a Health Surrogacy or Advanced Health Directive.
What is a Life Estate? – Annapolis and Towson Estate Planning
Chances are, your home is full to the brim with cherished memories of family and friends. But, as you get older, you may start wondering what exactly will happen to your home when you pass away. Fortunately, a life estate can take away the uncertainty of this thought by legally assigning an heir to receive your property without interference from court proceedings.
The Difference between Revocable and Irrevocable Trust – Annapolis and Towson Estate Planning
A trust is an estate planning tool that you may consider using if you want to go beyond drafting a last will and testament.