Free Confidential Consultation. Call Now! 410-299-4959

sreichert@reichertlegal.com

Maryland Estate Planning: How Do I Obtain Power of Attorney?

Post Image

In order to obtain power of attorney you must have the Principle decide the amount of power they wish to give. There are different types of power that falls into broad categories of Financial and Healthcare. For each of these powers to be granted, separate documents must be created. The General and Limited Power of […]

Read More

Maryland Estate Planning: Where Should I Keep My Will?

Post Image

A Will is an important legal document that should be kept in a safe and secure location. There are many great options such as a safe deposit box, a personal safe in the house or even by your attorney. The Will needs to be in a place that is safe from theft and damage from […]

Read More

Can a Personal Representative Designated in a Will Act Before the Principal’s Death?

Post Image

A Personal Representative has no power to do anything before death. Only a Power of Attorney or court appointed guardian can act during the principal’s lifetime. As such, it is important to meet with a lawyer and execute the proper Power of Attorney documents before such an individual is needed, rather than later when issues […]

Read More

Maryland Estate Planning for Pets: Pet Trusts

Post Image

I occasionally have clients inquire about making estate planning provisions for their pets. Under Maryland law this can be accomplished with the right estate plan. You can make provisions for your pet within your Maryland Last Will and Testament. Another approach is to create a Maryland Pet Trust. This type of trust is created specifically […]

Read More

I Found an Unsigned Maryland Will, What Now?

Post Image

A question was recently asked about what can be done if you find a Maryland will, of a family member, but the will is unsigned and it appears it may have been filed with the county. You should contact the clerk at the register of wills for the county in which the will was filed. […]

Read More

Happy New Year! Update Your Estate Plan?

Post Image

If your Will is several years old or you have experienced any life-changing events since your Will was created, such as marriage, divorce, the birth or death of a child, a child who is no longer a minor, a child who has since gotten married, a change in residence, or the death of anyone named […]

Read More

Formal Requirements for a Valid Will in Maryland

Post Image

Under Maryland law you must sign your will and two or more witnesses must sign the will in your presence. There are also formalities on informing the witnesses as to what you are signing though they are not required to read and understand the contents of the will. Each witness must be at least 18 […]

Read More

What Death Taxes are Payable in Maryland?

Post Image

Both the federal and state governments impose taxes upon the property/estate of a decedent. A federal estate tax with graduated rates is imposed on all property interests that the decedent owned at the time of death. The federal estate tax applies to probate assets and also to non-probate assets. For example, joint property and insurance […]

Read More

How Much Does a Maryland Will Cost?

Post Image

Lawyers often charge on an hourly basis at rates that vary depending on the region of the country and experience of the attorney. Also, the thinking is that the estate planning needs of each person will be different therefore, the cost of a Will is affected by the amount of time it takes to review […]

Read More

How to Revoke a Maryland Will

Post Image

Before deciding to revoke a Will you should discuss the pros and cons with an experienced estate planning attorney. There are many good reasons to revoke a Will but this should almost always include replacing the Will with a new updated Will. Creating a new Will is an excellent way to revoke a prior Will. […]

Read More