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Posted on Fri, 2014-07-18 00:00 by in Estate Planning

 


Even estate planning seems to go through stages and fads with discussion of new techniques making the cocktail party circuit and the “free” lunch seminars for discussion.  One popular topic these days is the use of Revocable Living Trusts.  Before you consider rushing in to visit your estate planner to “get one of these” you might want to understand the basics of it and see why it is not a “one size fits all” tool for everyone.


Posted on Fri, 2014-02-28 15:04 by in Estate Planning, Maryland Law, Trusts Estates


Do you have a will?


Even if you never get around to consulting a lawyer to prepare a will and have it properly executed, virtually every state in the union has taken the trouble to write one for you.  Unfortunately, the legislatures who created  the laws of intestacy don’t know you, don’t know your children, don’t know your crazy “ex”, don’t care if your only sibling is a homeless, unemployed, or deadbeat.  They create a “one size fits all” set of rules that direct where your assets go and in what percentages without regard to any of those details of your life.


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