Why Plan Ahead?
Estate Planning is the Gift to Your Loved Ones
In today’s uncertain world, having an estate plan in place is more important than ever. We’re here to help you and your loved ones prepare and ease the burden on your family.
Prepare Now for Peace of Mind Later
Elder Law and Estate Planning can be complex and emotional processes, but working with an experienced attorney but working with an experienced attorney simplifies the process. Our services not only protect elderly or disabled individuals but also safeguard the financial well-being of multiple generations.
Planning ahead can be 10x more cost-effective than waiting for a crisis.
Essential Documents for Your Protection
More than 50% of people lack basic estate planning documents, putting themselves and their loved ones at risk. Let us help you create or update essential documents like:
Keep Your Estate Plan Current
If you already have an estate plan, it’s crucial to keep it up to date. We recommend reviewing your plan every five years or sooner if you’ve experienced major life changes, such as:
We can also identify and correct issues in documents created from templates or those not drafted by an attorney.
Additional Services for Aging Adults
We also recommend related senior services from trusted, vetted providers. Contact us to schedule a consultation for Estate Planning, Elder Law, Probate, Medicaid, Guardianship, Asset Preservation, Fiduciary Representation, or Business Succession Planning.
Estate Planning for Every Stage of Life
Planning benefits everyone, including:
Reasons to Create an Estate Plan Now
Have you ever said or overheard someone else saying, “I don’t need a Will, Power of Attorney, or Advance Care Directive?”
People often dismiss estate planning for various reasons including feeling too young to worry about death or disability, thinking it’s unnecessary because no one they know has done it, owning everything jointly with a spouse, or believing they will never become sick, disabled or die. While these reasons may sound understandable, the reality is that avoiding estate planning puts your assets, healthcare, and loved ones at serious risk.
One of my favorite, personal quotes is, “Failing to Plan is Planning to Fail.”
Maryland allows us all to engage in estate planning. But without a plan, you’re letting our state laws, regulations and the cases that interpret them make important decisions on your behalf. These laws may not reflect your personal preferences, especially regarding healthcare, financial management, and how your assets are distributed.
These statutes may or may not make the same choices and decisions that you would regarding your healthcare and assets. Having professionally prepared estate planning ensures your wishes are clear and followed and helps to avoid confusion and potential conflicts.
For more general insights on estate planning, visit our “Articles” section, where I cover topics in Estate Planning, Elder Law, Medicaid planning, Guardianship, Asset Preservation, and Fiduciary Representation.
Adapting Your Estate Plan to Life Changes
Life events like marriage, divorce, and having children can significantly impact your estate plan. Updating your plan during these times ensures the right people make decisions about your healthcare and assets.
Key Areas Affected by Life Changes:
Learn More About Estate Planning
- 6 Events That Should Trigger an Estate Planning Update
- Make Reviewing Your Estate Plan an Annual Event
- Do I Really Need an Advance Health Care Directive?
- A Single-Minded Approach: Estate Planning for the Unmarried
- Estate Planning & Divorce
- The Importance of Reviewing Assets & Estate Planning Documents Post-Divorce
- Having the Talk: Share Your Estate Plan with Your Family
