It’s true that most people haven’t written a will or done anything else to create an estate plan. One reason for this is that many people just think that they’re too young at the moment, so they’re waiting until they get older—perhaps until they retire from their...
Estate planning
What happens if you can’t make your own decisions?
A stroke. A fall. A sudden diagnosis. In an instant, you could lose the ability to speak or make decisions. Incapacity doesn’t just affect the elderly—it can happen to anyone. Knowing what it means and how it affects your future helps protect you and the people you...
2 benefits of a medical power of attorney
One thing you may want to consider when writing an estate plan is using a medical power of attorney. In the future, it’s possible that you could become incapacitated and unable to make your own medical decisions. Someone still has to make those decisions on your...
Choosing a personal representative for your estate
When creating a will, one of the most important decisions you’ll make is choosing your personal representative. This isn’t just a legal formality; it’s a decision that can shape everything that happens after you’re gone. Your personal representative will be in charge...
Managing medical decisions in your estate plan
Planning for the future often means thinking beyond finances. Medical decisions are just as important. Adding health care preferences to your estate plan can help ensure that your wishes are respected if you cannot speak for yourself. Here are some tools that you can...
Why don’t you have an estate plan?
Have you been thinking about estate planning, but just haven’t done it yet? You’re not the only one. Reports show that this is what most Americans do—and only about a third of them have actually gotten a plan in place. If you pass away without an estate plan, it’s...
3 key steps to build your special needs plan
Families raising children with special needs face extraordinary challenges that extend far beyond daily care routines. The financial reality of managing ongoing medical treatments and specialized therapies can create a burden many households struggle to shoulder. As a...
The different types of guardians for adults in Maryland
When you notice your loved one struggling to manage daily tasks or finances due to a disability, it can be overwhelming and heart-wrenching. Deciding to have a guardian make decisions for them might feel like an extreme step. However, it may be one of the only ways to...
What should you consider when planning your end-of-life estate?
Estate planning is crucial in ensuring the fulfillment of your wishes and the care of your loved ones after you pass. While it may seem daunting, addressing these matters can provide peace of mind for you and your family. Below are key considerations for end-of-life...
How often should you revisit your estate plan?
Creating an estate plan is essential to securing your family's future. But many simply make one, file it away and then forget all about it. Remember, life brings constant changes—marriages, births, deaths, career shifts, new relationships and much more. Your estate...
