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

March 2014 Archives

Business owners have unique estate administration concerns

Not only is it important to simply create an estate plan, it is important how one implements an estate plan. The best way to do this will depend upon the specific circumstances of one's case. Also, each person's estate administration may vary from person to person in Maryland or in any other state. For instance, business owners usually have concerns that are specific to those who own a company.

Essential steps for planning estate administration

Estate planning can seem like a significant challenge to some people because they just don't know where to start. Luckily, there are specific steps that most financial and estate planning experts agree are a good guide for navigating through the estate administration planning process in Maryland and other states. Following these steps will ensure that one's estate will be secured for intended heirs.

Will is important part of planning for estate administration

It is best not to procrastinate on important tasks that could be taken care of right away. Planning for estate administration is definitely one of these tasks upon which many people in Maryland make the mistake of procrastinating. This can create major problems for loved ones if something unfortunate and unexpected occurs. Without an estate plan, heirs may be forced to go through a lengthy probate process in order to settle one's estate.

Ethical will leaves behind values during estate administration

Although most people think of estate planning in terms of finances, planning an estate can also include many more concerns other than the financial-planning aspects. Beyond financial stability, most people want to instill in their families and loved ones values for living life. Many times these values will also work toward ensuring that beneficiaries make good use of the financial assets inherited during estate administration in Maryland or in any other state.

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

Phone: 301-694-6262
Fax: 301-668-8884
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Hagerstown Office
Cornerstone Wealth Center
19833 Leitersburg Pike
Suite 1
Hagerstown, MD 21742

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

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