Columbia Estate Planning Attorneys
Assisting Clients With Estate Planning Matters in Maryland
Though planning for the end of your life may not be pleasant, it is a very important part of life. You want to make sure that your family will be ready for your loss, that your assets will be distributed appropriately, and that everything proceeds as it should. If you’re looking to partner with an estate planning attorney in Columbia, Maryland, then there are a few things you may wish to consider before you sit down with them.
Call Albers & Associates today at (443) 665-8030 or contact us online to schedule a consultation with our estate planning lawyer in Columbia.
What Are Your Estate Planning Goals?
Before you can effectively craft an estate plan, you should take some time to think about your goals. Some common goals for your estate planning meeting may be to minimize the amount of taxes your family will pay, to ensure they are provided for, and to make sure that your surviving family members have a smooth transition to a life without you. Without the proper planning, your assets could end up in legal limbo for a long, long time.
Is Estate Planning Just Writing a Will?
When most people think of estate planning, they think of writing a will. However, drafting a will is only one component of an effective estate plan. You should also put together financial power of attorney documents as well as advance medical directives. Though you may feel it’s too early to do such things, it’s far better to make arrangements just in case than to need them and not have them.
Not only that, but there are far more options available to you than just a will. For example, you may discover that a living trust is better suited for your affairs. You simply won’t know until you do your research, talk to a lawyer, and make that plan. For more information about having a will put together, click here.
Find Power in Planning
Death is a frightening concept for most people, and many facing the end of their lives may feel powerless or even depressed. However, putting together a plan for your end-of-life affairs can actually help alleviate some of your discomfort and anxiety surrounding your death. Estate planning lets you take control of your legacy and provide a plan for the end of your life that can give you peace.
Frequently Asked Questions
What Is Involved in the Probate Process?
The probate process in Columbia, like elsewhere in Maryland, is a court-supervised procedure for authenticating a will if there is one and distributing the estate according to the deceased’s wishes or state law. This process involves validating the will, inventorying the deceased’s property, appraising that property, paying off debts and taxes, and finally distributing the remaining property as the will instructs or as provided by Maryland law if no will exists. Legal guidance through this process can significantly reduce the time and complexity involved, so working with a knowledgeable estate planning attorney in Columbia at Albers & Associates can be so beneficial.
How Often Should I Update My Estate Plan?
Regularly reviewing and updating your estate plan is crucial to ensure it accurately reflects your current wishes and circumstances. Significant life events such as marriage, divorce, the birth of a child, or the acquisition of substantial assets often warrant re-evaluating your estate plan. We recommend revisiting your plan every three to five years, or sooner if you experience significant changes. Consulting with the estate planning attorneys at Albers & Associates ensures your plan stays current with your needs and the evolving legal landscape.
Can an Estate Planning Attorney Help with Living Wills & Healthcare Directives?
Yes, estate planning attorneys are vital in preparing living wills and healthcare directives. These documents outline your medical wishes in case you cannot make decisions for yourself. They ensure your healthcare preferences are respected and relieve your family from making those difficult choices during challenging times. At Albers & Associates, we understand the sensitive nature of these directives and provide compassionate guidance throughout the drafting process, ensuring your healthcare intentions are clearly documented and legally binding.
Contact Our Estate Planning Attorney in Columbia Today
Though the end of your life may seem a long way off, it’s best to be prepared for all manner of disaster. For estate planning services, call on the legal team at Albers & Associates. We can help address your needs with compassion and care so that you can rest easy when your time comes. Contact us today for more information and to set up a free consultation.
Contact us today to get started with our Columbia estate planning lawyer.