Waiting until your deathbed is too late to start planning your estate. This is something you should do right now to make sure your affairs are in order for your loved ones.
Here, are several events in your life that might help you decide to finally work with an estate attorney.
Five events that might make you think about hiring an estate attorney
We will focus on five of the most important events.
The first is marriage. By far this is the most common event that should trigger the use of an estate planner. The laws that govern your estate if you die without a will are typically the worst option.
The second is children. It doesn’t matter what circumstances the child was born in, it is incredibly important to talk to an estate planner about it. There are trust and guardianship issues that must be discussed.
The third is divorce. Divorce takes a toll on you emotionally. But it also takes a toll on you financially and will definitely change the scheme of your estate plan.
The fourth is starting a new business. Starting a new business is tough enough. But who do you want it to pass to when you pass? Who do you want to control the business? All these questions can be talked about with a good estate planner.
The fifth is acquiring a large sum of money. Whether it’s the lottery or an inheritance, it is always a good idea to speak with an estate planner once you’ve acquired a vast amount of money.
About The Law Office of Ross W. Albers
The Law Offices of Ross W. Albers are located in both Carroll County, Howard County, and Frederick County. The offices represent clients in Maryland DUI/DWI, personal injury, criminal matters, real estate and estate planning throughout Maryland. Located in downtown Westminster, Columbia and Frederick, Maryland the Law Offices of Ross W. Albers take a personal interest in each client. You need an attorney that will listen to you and understand your unique situation, whether it be a criminal arrest, complex divorce and custody case, drunk driving charges, or an injury caused by an automobile accident. For more information visit https://www.rossalbers.com/