Free Guide to Wills, Trusts & Probate In Maryland
Many people do not understand the difference between a Will and a Trust, or unknowingly, may think that one costs substantially more than another. While many people think that a Will can serve their needs, there are many situations which would be much better served by a Trust. In this guide, we explore important information to educate you on what you need to know about Wills, Trusts & Probate in Maryland. In this free guide, you’ll learn:
- Should You Have a Will or Trust?
- What is Probate and Why You Should Care?
- How to Avoid the Probate Process in Maryland
- How to Create Legal Documents to Protect & Care for Your Children
- How Estate Planning Can Help You Avoid Estate Taxes
- Important Tips for Single People, Unmarried Parents & LGBTQ
- How to Protect Assets in Blended Families
Many younger families postpone the estate planning process and their affairs are often significantly more complicated. With minors, in particular, the needs of your children must be considered during the estate planning process to determine if a will or trust would better serve your family’s needs.
In Maryland, you should always have a Will or Trust to ensure that your assets are distributed according to your wishes. Without a Will or Trust, Maryland law will dictate how your assets are distributed and this is not always aligned with your goals and wishes. In addition, dying without a Will or Trust can cause a tremendous amount of expense and conflict for your heirs.
Regardless of your age, income or situation, this guide will show you why estate planning is an important process that can help safeguard you, your assets, and your loved ones.