Thinking about death is something that can make any person uncomfortable. Many Maryland residents may think that estate planning is something needed for only wealthy families. However, protecting and securing the future for loved ones only makes sense. A will is one...
Estate Planning
A few keys to building an adequate estate plan
Creating an appropriate estate plan is a lot like getting into better shape. Everyone knows they should do it, but the task seems so daunting that many people put it off until it’s too late. Although creating an estate plan may sound complicated and intimidating, it...
Why every person should consider an estate plan
Death can be a difficult thing to discuss, and rightfully so. Regardless, death is something that is going to happen to everyone. Estate planning is often a task many individuals put off dealing with until later in life. However, having an estate plan is one of the...
Some Advantages of living trusts versus wills
Many people think of trusts as tools only used by rich and wealthy families who have many assets. However, this stereotype could not be further from the truth. Living trusts are becoming popular among Maryland families who undergo estate planning because of their many...
How to avoid procrastinating with estate planning
It goes without saying that death is an uncomfortable topic to discuss. This is often a reason why many Maryland residents procrastinate when it comes to estate planning. However, death is something that will happen to every person, so doesn’t it make sense to prepare...
Duties of an executor a crucial part of estate planning
Many people in Maryland have heard of the term “executor” and may even have a basic idea of what that title conveys. In simple terms, it is a person appointed to make sure that a specified person’s estate is distributed after death in accordance with the estate...
Be sure to update an estate plan after moving to a new state
Many people who create an estate plan assume that it is something they’ll only have to worry about once. However, experts say that it is good practice to revisit one’s estate plan periodically, especially when that person’s life circumstances may have changed. A good...