Advanced care planning is important for all adults, regardless of how young they are or how healthy they feel. This type of planning is important, because no one knows when a life or death situation will arise. People in Maryland can, however, put in place directives, like a living will, that can speak for them if they are unable to speak for themselves.
Women who are creating estate plans face concerns that their male counterparts may not face. For instance, women often live longer than men and may be pressured by their children and grandchildren regarding their estate plans after the deaths of their husbands. There are 10 key aspects of creating an estate plan that Maryland women may want to consider.
Adults should start thinking about their medical wishes as soon as they reach the age of 18. Most people think that medical directives are only for the elderly, the disabled or the very sick. However, anyone who is at least 18 years old needs to have at least a living will and possibly a power of attorney for medical issues.
It is not enough anymore just to put a plan in place for an estate in Maryland. People must also diligently update their estate plan as there are changes in their lives. Keeping an estate plan updated is important for several reasons.