The Law Offices of Scott Alan Morrison, P.A.
Frederick
Location
301-694-6262
Hagerstown
Location
301-293-0010

Estate administration plans should consider all possibilities

Life is full of the unexpected. However, this can also be true about death, especially when attempting to make plans for estate administration in Maryland or in any other state. Although it is impossible to tell the future, a good estate plan should consider as many potential scenarios as possible in order to avoid future financial and legal problems. This can make the difference between a smooth transfer of assets to intended beneficiaries and a prolonged litigation process in probate court.

Some various circumstances which should be considered are what happen when a mother dies first or a father dies before the mother. It may make a difference if both parents happen to perish at the same time. There are particular strategies which can address each of these contingencies. These are all regrettable circumstances and can be emotionally trying, however when combined with inadequate estate planning, the experience can become significantly worst for a mourning family.

Many consumers may choose to purchase template wills from the Internet or some other source, however one should be careful if thinking about going this route. The generic wills do not take into consideration all of the specific details of one's individual situation. Therefore, many avoidable mistakes may be made when blindly using a generic template will for estate planning purposes.

These mistakes can be costly and can cause intended beneficiaries to have to navigate through a lengthy probate process. This is why a full understanding of estate administration law is important when making an estate plan in Maryland or in any other state. Additionally, estate planning documents must be properly formatted and worded in order to be enforceable by law.

Source: Fox Business, "Duck Estate-Planning Fiascos Before it's Too Late," Sheyna Steiner, May 13, 2013

No Comments

Leave a comment
Comment Information
  • Best Of The Best The Frederick News Post
  • Bar Association Of Frederick County, Maryland
  • NAELA National Academy Of Elder Law Attorneys, Inc.
  • Maryland State Bar Association Inc.
  • Washington County Bar Association , DC Bar
Form Submit Button

Schedule Your Free Consultation Today

For more information and a free consultation with a Maryland estate planning attorney, call us at 301-694-6262 or fill out the form below. We provide clients with the estate services they need.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

We have offices in Frederick and Hagerstown, Maryland, to serve you.

Evening, weekend and off-site appointments are available upon request. Free parking is available at our Frederick office.

Our office will follow the same closing & delays as Frederick County Public Schools for both offices due to inclement weather.

Frederick Office
141 W Patrick Street
Suite 300
Frederick, MD 21701

Phone: 301-694-6262
Fax: 301-668-8884
Map & Directions
Frederick Law Office Map

Hagerstown Office
Cornerstone Wealth Center
19833 Leitersburg Pike
Suite 1
Hagerstown, MD 21742

Toll Free: 866-220-5185
Phone: 301-293-0010
Map & Directions
Hagerstown Law Office Map

Contact This Office Contact This Office