For most people, a Last Will and Testament serves as the foundation of their estate plan. If you do not yet have at least a basic Will in place, there is no time like the present to execute one. When you do decide to create your Will, you may wonder if you need an estate planning attorney to assist you, or if you can create one on your own. A Bowie estate planning attorney at Sinclair Prosser … [Read more...] about Can I Use a DIY Will?
"What Do You Miss Out on With a DIY Will?" by Attorney Alex Pagnotta (Audio) If you make a Do-It-Yourself (DIY) estate plan, you miss out on many important things including: Legal advice on whether your estate plan is valid or not. State laws can differ so you need to make certain you follow Maryland rules. Buying a DIY will kit online or otherwise trying to make a DIY estate plan is not … [Read more...] about Dangers of Do-It-Yourself Estate Plans and Updates
Aretha Franklin Died Without a Will: What Does this Mean for Her Family? Aretha Franklin was known as the “Queen of Soul.” She was a singer, songwriter, civil rights activist, and so much more. Aretha was a great recording artist, with a career spanning many decades. She received honorary degrees from many prestigious universities, like NYU, Princeton, and Yale. Aretha died on August 16, 2018, at … [Read more...] about Aretha Franklin Died Without a Will: What Does this Mean for Her Family?
Guardian for Minor Children by Attorney Colleen Sinclair Prosser An important part of a comprehensive estate plan is the designation of a guardian for minor children in each parent’s Last Will and Testament. Without such a designation, a court will decide who will care for your children in case of your death or incapacity. When meeting with an attorney to create your estate plan, you will … [Read more...] about Designating a Guardian for Minor Children
"When a Will Isn't Enough" by Attorney Jon J. Gasior (Audio) Estate planning attorneys help you to prepare a legally valid last will and testament. When most people think of estate planning, a last will and testament is the first thing that comes to mind. A will can be an effective and powerful tool that gives you control over who inherits your money and property, but unfortunately creating a … [Read more...] about When a Will Isn’t Enough
When you think of making an estate plan, you probably think of creating a will. While many people do no estate planning at all, a substantial number of people who do make a plan will only make a will and not go any further in the planning process. Unfortunately, for many people, a will is just the start of the documents you need to provide full protection for yourself and your loved ones. You … [Read more...] about 3 Reasons Why Creating a Will Isn’t Enough
"3 Reasons Why Creating a Will Isn't Enough" by Attorney Jon J. Gasior … [Read more...] about 3 Reasons Why Creating a Will Isn’t Enough (Audio)
"Choosing the Executor of a Will" by Attorney Nicole Livingston … [Read more...] about Considerations When Choosing the Executor of a Will (Audio)
"What You Miss with a Do it Yourself Will?" by Attorney Jon J. Gasior … [Read more...] about What You Miss with a Do it Yourself Will (Audio)
If you make a DIY will, you are going to miss out on important legal advice from an estate planning attorney which could help you to achieve more asset protection and which could help you to achieve a more secure legacy. For most people, making a DIY will is not the answer for estate planning and you need to work with a legal professional in order to ensure you have an appropriate, comprehensive … [Read more...] about What You Miss with a DIY Will