Estate Planning In Bel Air, Maryland

Find the right Estate Planning attorney in Bel Air, MD

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

Usually, 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 truly take on such responsibility.

What Type of Estate Plan Do I Need in Bel Air, 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're not married in Bel Air, Maryland, but have a life partner, estate planning is imperative. If you want your partner to be treated as your spouse, your estate plan should make arrangements to give him or her power of attorney in the event that you become incapacitated. Additionally, your will should clearly name your partner as a beneficiary, if you want them to inherit any of your assets.

If you are elderly, and have a considerable amount of assets in Bel Air, Maryland, estate planning may be more important at this stage of your life than any other. While estate planning deals with some morbid and unpleasant subjects (requiring us to confront the reality of our own mortality), it is necessary if you wish to live your life secure in the knowledge that your loved ones will be provided for to the extent that your assets allow.

Do I Need a Bel Air, Maryland Estate Planning Attorney?

In Bel Air, Maryland, estate planning is rarely simple, even if it's not the most intricate thing in the world. Given the importance of what's at stake (the financial security of your loved ones), a good estate plan is essential, as is the help of an attorney who specializes in wills, trusts, and estates law.

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

Life in Bel Air

Bel Air is located in Harford County, Maryland. When Bel Air comes to mind, people usually think of the popular television sitcom "The Fresh Prince of Bel Air," or Bel Air in Los Angeles, California. However, this quaint town in Maryland has a population of a little over 11,000 people. It is home to a very diverse population of people with a median household income of around ,135.

The hospital and school district system are the primary employers. Bel Air is also home to some practicing attorneys who aid residents with their legal needs, while providing excellent and personalized legal servies.

Although a small town, Bel Air has been the home of some very famous people. Famous residents include John Archer, John Wilkes Booth, Augustus Bradford, Kimmie, Meissner, Melvin Mora, Herman Stump, Jay Witasick, and Pat Healey.

All in all, Bel Air is a wonderful place to live that offers residents small town charm along with a unified community spirit.

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