Getting an estate plan doesn’t have to be overly complicated.
Many people put off creating an estate plan because they think it is a difficult, complicated process but there are tips that can make it easier as Personal Liberty recently published in "Nuts and Bolts of Estate Planning."
The tips include:
Organize all of your financial and asset documents so you know what you have and what you need to plan for.
Make the important decisions about who you want to have your assets and how much everyone should get.
Think about how your heirs might disagree and how any conflicts can be avoided.
Your plan does not need to be perfect. You will not be able to create a plan that pleases everyone completely.
Whenever possible keep your plans flexible so they are easy to change when circumstances change.
Make sure you are choosing responsible people to act as your executor and trustees.
Do not surprise your heirs with too much. If you are planning something unusual, it is a good idea to let them know.
An estate planning attorney can guide you through the process of creating an estate plan that meets your unique circumstances.
Call (443) 470-3599 today and schedule a consultation with Maryland Attorney Britt L. Stouffer to learn more about Estate or Elder Law and how she can help you.
