An estate plan is the best path for leaving behind an inheritance to your heirs.
An estate planning attorney can match your unique circumstances with an estate plan as Morningstar explains in "Get Your Estate Plan in Gear." The situation of a couple looking to make sure that their daughter with special needs receives adequate care after they pass away is the main topic of the article.
Among the suggestions:
Hire an attorney who specializes in estate planning. If you want to make sure that your loved ones are taken care of, then you do not want to create an estate plan on your own.
Take stock of all the assets you own so you know what needs to be distributed in your estate plan.
Figure out who you want to include in your estate plan as heirs, beneficiaries and in key roles, such as executors and trustees.
Try to learn what type of estate planning documents you might need. If you are not certain, then make sure that you let your attorney know that.
After you get an estate plan from the attorney, make sure you manage the physical documents themselves so they are in good shape and can be found if anything happens to you.
Keep your estate plan up to date and makes changes whenever your life circumstances change.
An estate planning attorney can guide you in matching your circumstances to an estate plan. 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.
