Estate Planning In Ellicott City, Maryland

Find the right Estate Planning attorney in Ellicott City, MD

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

Typically, 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.

Besides a will, a quality estate plan will include a living will, which gives your doctors and relatives instructions concerning your healthcare in the event that you become incapacitated, funeral arrangements, and instructions on organ donations.

Perhaps most vitally, your estate plan should make arrangements for the care and custody of your minor children, if you have any. Of course, you should discuss this matter with the person you intend to take custody of the children beforehand, to ensure that they are able and willing to provide proper care.

What Type of Estate Plan Do I Need in Ellicott City, 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.

Unmarried young adults typically don't think much about estate planning. In most cases, this is fine. Unless you are extremely sick or have an unusually large amount of assets, estate planning is not something to really worry about at this point in your life.

If you are unmarried, but have a life partner in Ellicott City, 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).

There is another massive group of people who would benefit from having a good Ellicott City, Maryland estate plan: the elderly and those with a lot of money really need to consider making a comprehensive estate plan as soon as possible. While this necessarily contains facing some uncomfortable realities, it is essential and unavoidable.

Do I Need a Ellicott City, Maryland Estate Planning Attorney?

Because estate planning in Ellicott City, Maryland is not always simple, the assistance of a brilliant attorney will almost certainly be useful, and worth the cost. This is doubly true because of how crucial the issues involved can be, and the fact that a relatively minor mistake can sometimes derail an entire estate plan.

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

Life in Ellicott City

Ellicott City, Maryland is an unincorporated community in Howard County. It has a population of approximately 57,000 people as of the 2000 Census Ellicott City, Maryland was founded in 1772, by a small group of Quaker missionaries. Chosen for its picturesque natural scenery and abundant natural resources (particularly lumber), the settlement quickly grew into a bustling community. Tourists are generally drawn to the area because of its beautiful natural scenery. However, Ellicott, Maryland is also home to a niche tourist industry: ghost hunting. It is considered by enthusiasts to be one of the most haunted places in the U.S. If you believe in that sort of thing, Ellicott City could be a delightful place to visit. Ellicott City is home to quite a few tourist attractions. In addition to hiking trails, it is home to The Enchanted Forest, an amusement park with a fantasy theme. It is also has a locale Shakespeare company, that regularly puts on productions of the bard's plays. Residents of Ellicott City, and the surrounding area, have access to a wide variety of competent attorneys. Ellicott City, Maryland lawyers are ready to handle just about any case that you are likely to face. Whatever legal issues you're dealing with, an Ellicott City, Maryland lawyer can help.

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