A certain level of preparation will make drafting an effective estate plan that best reflects your wishes not only possible but a whole lot easier.

The biggest hurdle is often a lack of information so coming to your attorney with the following will help them best help you:

• The names, addresses as well as birth dates of the people who you want to be mentioned in your will whether they are related to you or not
• The names, addresses as well as birth dates of the guardian that you choose for your children, especially if they are minor should also be presented.
• The source of your main income as well as other income like subsidies, investments, etc.
• Debts, mortgage, loans, and other ongoing obligations,
• A list of your valuable property along with information on any co-owners,
• Information on assets naming beneficiaries and their contact information,
• Various documents like marriage certificates, existing will, property deals, divorce papers and so on. These documents may help to accelerate the process of your will formulating as well as estate planning.

Seeking help from a legal professional is only logical but taking certain steps beforehand will make the process both more effective and less painful.

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Planning ahead is a gift to your loved ones!

Richard K. Abraham, Esquire

Mr. Abraham is an experienced attorney and founding member of the Law Office of Richard K. Abraham. The Sparks, MD office of the firm concentrates its practice in Estate Planning, Elder Law, Probate, Medical Assistance (Medicaid), Guardianship, Asset Preservation and Fiduciary Representation.

He is an active member in a number of professional organizations that focus on law, the senior community, and estate planning. He works with clients in Central Maryland, especially in Towson, Hunt Valley, Lutherville/Timonium, Parkville, White Marsh, Bel Air & Northern Baltimore City.

Schedule a consultation to help you and your loved ones.