Valuing Assets in Your Estate
When it comes to planning for the future, it’s essential to consider what will happen to your assets. The process of valuing and distributing assets after death is known as probate. It can be a complex and daunting task for those unfamiliar with the process. In Maryland, probate is governed by state law, and the
Read More
Choosing Beneficiaries for Your Estate
When planning your estate, one of the most important things to think carefully about is who you want your assets to go to after you pass. For some people, the answer may seem easy – a spouse, child, or close friend, perhaps. For many others, it’s more complicated than that. Some people have multiple children
Read More
Maryland Wills and Estates: Frequently Asked Questions
If you are considering estate planning in Maryland or are dealing with the Maryland probate process, you might be feeling a little overwhelmed. There are lots of forms that must be signed, assets to value, documents to file, and much more. With the help of an experienced Maryland probate attorney, navigating this process is a
Read More
The Phases of the Probate Process
The probate process can be confusing for those dealing with a loved one’s estate after they’ve passed. Assets must be legally divided, creditors must be notified, accounts must be properly closed, and much more. Fortunately, an experienced local probate lawyer can help guide you through probate and ensure your loved one’s wishes and intentions are
Read More
Glossary of Important Probate Terms to Know
Probate is the legal process for settling the estates for people who pass away. This includes authenticating a will (if there is one) and naming the executor, who will then distribute the deceased’s property and belongings. However, if there is no will, it’s up to the courts to handle these proceedings and make decisions about
Read More
5 Key Reasons to Work with a Probate Attorney
If you are dealing with the recent loss of a loved one, you may be feeling overwhelmed. Grief is challenging and can take a toll on every part of your life. It is important to take time to heal and to reach out to others who can make the process easier. One such person is
Read More
Mental Health Tips for Dealing with the Probate Process
If you or someone you know is dealing with the probate process, you know how stressful it can be. In fact, studies have shown that 40% of people saw their mental health decline while dealing with administrative tasks associated with bereavement. In many cases, family members and friends of the deceased may be hurt, confused,
Read More
What Are Letters of Administration?
If you are going through the process of planning your estate, you may have come across the term “letters of administration.” These documents appoint a manger of assets and liabilities of a person’s estate. They are issued by a local probate court in the event of a person’s death. Letters of administration are necessary if
Read More
Valuing Assets In An Estate
One of the first steps of estate management is determining the value of the estate. This is an important part of settling a decedent’s estate, and an especially important step during probate proceedings. When valuing an estate, assets can be either real property or personal property. Real property includes real estate, like a house or
Read More
10 Tips for Writing Your Will
Writing your will can be a difficult task. Deciding who should inherit your assets and make decisions on your behalf can not only cause problems within a family, but also be a significant burden on loved ones left without advanced directives. Luckily, a will is an opportunity to take this burden off your loved ones’
Read More
