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A lot of people in Maryland haven’t given any thought to their last will and testament. So, if you have a rough draft of your will, you’re already ahead of most people. Before you sign your final will, however, you should make sure that you know what it takes to...
No matter what, being a parent is filled with numerous responsibilities, and it takes a great deal of capital to do the job right. From keeping your children fed and making sure all of their needs are met, Maryland parents have more than enough to worry about on a...
Taking an individual approach to estate planning is essential when you live in Maryland. Using the right estate planning tools can help safeguard your property and distribute it in the best way possible. Minimizing estate taxes is essential to protect your assets...
If you're creating your Maryland estate plan, a large part of this process will likely be arranging an inheritance for your children. It may be a good idea to consult a professional on this to be sure that no one will be able to contest your estate after you pass...
Trusts are a possible way to avoid probate in Maryland. There are many different types of trusts and conditions for controlling the withdrawal of assets. Five by five power is one clause to consider including in a trust you set up. This would mean that beneficiaries...
Circumstances of life change over time, so you should periodically update your will. Ideally, you should update your will as soon as you make a major life change. Maryland revokes provisions related to an ex-spouse when you divorce only if they weren't named as a...
Divorce can be complex and stressful, but nearly half of marriages end in divorce. There are many thoughts on either spouse's mind in Waldorf, Maryland. After the final papers of a divorce, people don't usually think about their estate plan. A person should never...