What Can a Maryland Estate Planning Attorney do For You?

You have worked very hard for the property and assets you have obtained. Providing for your financial needs and the financial needs of your family has been a priority. Now it is time to work with a Maryland Estate Planning attorney to develop a comprehensive estate plan that protects your loved ones after your death. In addition, your estate plan also protects you and your assets now and if you become incapacitated.

 
 

MARYLAND Powers of Attorney

Powers of Attorney are an important element in estate planning. With a Power of Attorney, you can appoint an agent to make financial decisions and medical decisions for you. If you become incapacitated, it can be a huge relief knowing that you have a trusted person to step in to take care of these matters when you cannot make decisions for yourself. A Maryland Estate Planning attorney can explain the various Powers of Attorneys, including the risks and benefits of using Powers of Attorneys. Because Powers of Attorneys bestow a high level of power to an agent, you want to carefully review the matter with an experienced Maryland Estate Planning attorney.   Learn more...


MARYLAND Wills

A will is one of the most important documents you need for an estate plan. Your will specifies your heirs and how your property is to be distributedafter your death. Without a will, Maryland’s intestate laws determine who inherits your property. Instead of you being in control of your final desires, the state makes decisions for you. Everyone needs a will.  Learn more...


MARYLAND Trust Preparation

Trust agreements are extremely useful tools for estate planning. Revocable and irrevocable trust agreements can protect assets from creditors, reduce estatetax, avoid probate, and protect assets for beneficiaries. However, a trust agreement must be carefully drafted and worded to ensure the trust accomplishes your goals. In addition, funding a trust can be complex, depending on the trust. A Maryland Estate Planning attorney can review the pros and cons of trust agreements to help you choose the best trust for your estate plan.   Learn more...


MARYLAND Probate Administration

Probating a loved one’s estate can be difficult, depending on the size of the estate and the factors involved. Preparing forms, notifying heirs, securing assets, reviewing bills, responding to claims, distributing assets, and dealing with objections can be overwhelming. A Maryland Estate Planning attorney can guide you through the probate process to reduce the stress and anxiety you may experience as you handle the deceased’s final wishes.  Learn more...


MARYLAND Guardianships

In some cases, a guardianship may be requiredfor a minor or an adult with a physical or mental impairment. The guardian is chargedwith making decisions for the person that is in the best interest of that person. The decisions may involve financial matters, health careneeds, or personal care. Many people consult with a Maryland Estate Planning attorney because the process of obtaining guardianship can be complicated.   
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If you are going through a divorce, you need to protect your interest in a retirement plan. For most people, after their home, their retirement plan is the second largest asset they own. If you are requesting a portion of your spouse’s retirement account as part of your property settlement agreement, you will need a QDRO (Qualified Domestic Relations Order) from the court to receive funds from your spouse’s retirement account.   Learn More...