Estate Planning In Baltimore, Maryland

Find the right Estate Planning attorney in Baltimore, MD

Estate planning in Baltimore, Maryland is simply the act of deciding what you want to happen to your assets after your death. It usually entails making plans about funeral arrangements, as well as plans for end of life care.

Generally, the first thing a person thinks about when they think about estate planning is a will. A will dictates what happens to a person's property after they die. In general, you can leave your property to whomever you want, and attach almost any condition to such gifts. In the vast majority of estate plans, a will is the central component. It is rarely the only one, however.

In addition to a well-drafted will, a comprehensive estate plan should include things like a living will (healthcare directives made in advance, in case you become incapacitated and unable to make or express such decisions), funeral instructions, and instructions relating to organ donations.

Most vitally, an estate plan should give instructions on the care of your minor children. It should lay out who is to take custody of them, and, if possible, leave them a large sum of money to assist with this care. Of course, you should discuss this matter with the people who you want to take custody of your children, to make sure they can actually take on such responsibility.

What Type of Estate Plan Do I Need in Baltimore, Maryland?

Obviously, the answer to this depends on many factors, as well as your goals and preferences. However, most people, when deciding what type of estate plan they need, consider their health, age, and wealth.

If you are young and unmarried, estate planning probably doesn't need to be on your radar, unless you are very ill, independently wealthy, or perhaps if you work in a very dangerous job, such as the military.

If you are unmarried, but have a life partner in Baltimore, Maryland, estate planning is crucial, if you wish for your life partner to be treated as if he or she were your spouse (to the extent possible). In such a situation, the estate plan should make arrangements to give your life partner power of attorney in case you become incapacitated. Your will should also clearly include your partner (if you wish for them to inherit any of your assets).

Other groups for whom estate planning is very important in Baltimore, Maryland are people who are elderly and/or have a lot of assets. This may be the point in one's life where estate planning is most important. While it's true that the process of making an estate plan requires a person to deal directly with the reality of their own mortality, it is extremely important if you value the security that comes with the knowledge that your family will be provided for.

Do I Need a Baltimore, Maryland Estate Planning Attorney?

Because estate planning can be a complicated process, the expertise of a good lawyer in Baltimore, Maryland who specializes in wills, trusts, and estates can make the process a great deal easier.

Talk to a Wills, Trusts and Estates Law Attorney now!

Life in Baltimore

Baltimore, Maryland is known to many as an exciting city. It is located in central Maryland along a part of the Patapsco River. Baltimore's population is approximately 2.7 million, with a very diverse population.

Popular attractions in Baltimore include Fort McHenry National Monument, the American Visionary Art Museum, the Maryland Science Center, Geppi's Entertainment Museum, Federal Hill Park, and the USS Constellation.

Of course Baltimore is home to many more attractions that can be written about; they simply need to be visited and experienced! Being such a great city, Baltimore is home to a very strong legal force. There are many small, mid-size, and large firms in the city that practice in practically all areas of law. Baltimore residents should rest assure, because any of their legal needs can adequately be addressed.

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