How Should My Maryland Will Provide for My Children?
When your will is drafted you should designate a person, or people, who will serve as guardian if you and your partner both die while your child is a minor; in Maryland this is a child under the age of 18. Your will also gives you the opportunity to create trusts that will control how, when and under what circumstances your assets will pass to your children. In this way, you can prevent funds from being distributed to children before they are mature enough to handle them responsibly. This also prevents certain creditors from obtaining the assets. There are many advantages and disadvantages to consider with different ways of distributing assets to children and you should meet with an estate planning attorney to discuss which options are best for your circumstance.
For a free, confidential conversation to discuss this and other estate matters, including probate administration legal services and Maryland estate planning, contact experienced Maryland estate lawyer Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here.
Day, evening and weekend appointments are available in office or at your residence. Mr. Reichert personally serves clients throughout the entire state of Maryland.
Attorney Reichert looks forward to assisting you.
- Posted by reichertlegal
- Posted in Estate Administration Attorney Maryland, Estate Administration Lawyer Maryland, Estate Administration Maryland, Estate Planning Baltimore County, Estate Planning Baltimore Maryland, Estate Planning Bethesda Maryland, Estate Planning Columbia Maryland, Estate Planning Maryland, Estate Planning Silver Spring Maryland, Family Lawyer Baltimore Maryland, Probate Attorney Maryland, Trusts Attorney Baltimore Maryland, Trusts Attorney Maryland, Wills & Trusts Baltimore Maryland, Wills & Trusts Frederick Maryland
- Sep, 05, 2015
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