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High net worth individuals in Maryland are always looking for a way to conserve as much of their assets as possible for their heirs. A variety of trusts often fill the bill. One that you should consider is a charitable remainder trust. What is a charitable remainder...
Even if it's hard, planning for what happens should you be unable to make your own decisions later in life is perhaps the most crucial part of estate planning. You hope it never happens, but planning for incapacitation would take the pressure off your loved ones, and...
When someone dies with a will, dealing with Maryland probate courts may be necessary to transfer assets to beneficiaries. However, not every asset in the estate has to go through probate. Assets with transfer-on-death or TOD designations might be outside of a probate...
Some Maryland spouses may be shocked to discover that their husband or wife excluded them from their will. However, state law protects spouses from being disinherited by one another through the will, and the elective share allows the surviving spouse to receive a...
Every state has its own requirements for valid wills. If you are planning your will, it is absolutely vital that you understand what these requirements are to avoid problems with your estate. Your attorney should know what these issues are and review them with you in...
When you're writing your will or determining who gets what in your estate, it's important to include instructions for how your minor children will be cared for if you pass away or are incapacitated. If you're a Maryland resident, here are some important documents to...