Meeting with a Maryland probate attorney can be very important if someone you love has passed away. The individual the decedent has named as executor of an estate should meet with a probate lawyer as soon as possible in order to get advice about fulfilling his or her duties. If you are an heir or beneficiary, you may also consider meeting with an experienced attorney to understand your options … [Read more...] about Preparing to Meet with a Probate Attorney
"How Often Do I Need To Update My Will?" by Attorney Victor A. Lembo … [Read more...] about How Often Do I Need to Update My Will (Audio)
When we hear the term “estate planning”, one often thinks it is something done by their parents or the elder generation. Also, many contemplate whether planning is even necessary, as they do not believe they have enough in way of assets, or the adage that I am too young for anything to happen to me. Society moves faster every day and it is essential for people of all ages to plan and ensure … [Read more...] about Do Young People Need Estate Planning?
It’s likely you already have a comprehensive estate plan in place and probably spent hours contemplating the decisions you made in your plan. You also placed a great deal of thought towards the distribution of your estate assets, your choice for executor of your Will, Trustee of your Trust, and guardian for your minor children. You covered everything right? Well maybe not. All too often, people … [Read more...] about Do You Know Who Your Designated Beneficiaries Are?
Very shortly after the death of rock star Prince, a search began for his last will and testament. When a will was not found quickly it became evident that Prince died without having one prepared. Why Prince did not prepare a will we may never know. Unfortunately, what he left behind has resulted in a big mess which is being sorted out by the courts of the State of Minnesota where Prince … [Read more...] about What Does It Mean To Die Intestate?
Estate planning may look very simple on its face. At its simplest form, it can consist solely of a traditional last will and testament. But is this enough? Is this the most important thing? A practical approach to estate planning is one that focuses on the client’s goals. Estate planning can include simple powers of attorney, wills, and include revocable living trusts, irrevocable life insurance … [Read more...] about What are Your Most Important Estate Planning Goals?
"What Are Your Most Important Estate Planning Goals?" by Attorney Jon J. Gasior … [Read more...] about What Are Your Most Important Estate Planning Goals? (Audio)
"What is Included in My Maryland Estate Plan?" by Attorney Colleen Sinclair Prosser … [Read more...] about What is Included in My Maryland Estate Plan? (Audio)
After you signed your estate planning documents, the next logical question is where should I keep my documents? The answer really depends on your individual circumstances. The Register of Wills office in the county where you reside can store your Last Will and Testament in their safe for safekeeping purposes. If you think someone will destroy your will or tamper with your will, then it is … [Read more...] about Where Should I Keep My Will?
"Where Should I Keep My Will?" by Attorney Nicole Livingston … [Read more...] about Where Should I Keep My Will? (Audio)