There is a surprisingly large number of people who believe that estate planning begins and ends with the creation of a will. While this is a step in the right direction, don’t stop here. There are plenty of other things to include in your estate plan, all of which will give you the peace of mind you deserve. Consider the following additions: You don’t want to create just any … [Read more...] about Have You Included These Things in Your Estate Plan?

Medicaid planning should be included in your estate plan long before you reach retirement age; however, that does not always happen. The absence of Medicaid planning can put retirement assets at risk if you reach a point at which qualifying for Medicaid becomes necessary. The good news is that you may still be able to benefit from last-minute Medicaid planning strategies to protect some of your … [Read more...] about Can Last-Minute Medicaid Planning Help Me?

Creating an estate plan is one of the most important endeavors you will undertake during your lifetime. A well though-out estate plan can protect and provide for you and your loved ones. Given the importance of your estate plan, it only makes sense to do everything possible to avoid making mistakes during the creation of your plan. Toward that end, an Annapolis estate planning attorney at Sinclair … [Read more...] about 4 Estate Planning Mistakes You Should Avoid Making

The primary objective of your estate plan may be the creation of a plan for how your estate assets are to be distributed upon your death. While the division of your estate assets is certainly an important objective within your estate plan, simply devising a plan to distribute your assets to loved ones may not be enough to ensure that your loved ones are protected and provided for if something … [Read more...] about Does My Estate Include Enough Liquid Assets?

Estate planning is important for every adult; however, it takes on a heightened importance when you become a parent.  From the moment you first lay eyes on your child, you feel an almost primal need to care for and protect that child. There are numerous ways in which you will protect and care for your children throughout your lifetime but there is only one way to accomplish those same goals if you … [Read more...] about Estate Planning 101 for New Parents

Whether you are just starting out and have a modest estate or you have already amassed your fortune, it is probably safe to assume that you want to protect the assets that you do have. Accomplishing this seemingly simple goal may be more complicated than you think, due in large part to the fact that your assets face more threats than you likely realize. To illustrate, the Bowie asset protection … [Read more...] about 5 Threats to Your Assets

The death of a loved one is usually followed by a period of heightened emotions. Finding out that you were named as the Executor of the decedent’s estate can add additional stress during an already trying time. One of the first things you will need to do is to initiate the probate of the estate. That may have you wondering if you need an attorney to help you. A Bowie probate attorney at Sinclair … [Read more...] about Do I Need an Attorney If I Am the Executor of an Estate?