The Law Offices of Scott Alan Morrison, P.A.

October 2015 Archives

Estate plan features many important parts

Estate planning in Maryland is essential for making sure that one's assets end up in the hands of the proper individuals when one passes. The process of creating an estate plan, however, can understandably be confusing and overwhelming. This is particularly true for those in blended families, where one or both spouses may have been married to other people in the past.

A trust has multiple uses as a a part of an estate plan

Estate planning is critical for ensuring that one's assets will end up in the right hands after one dies. A trust is one tool commonly used as part of a comprehensive estate plan. The following few tips may help people to take full advantage of a trust in Maryland.

Estate plan can help in varying family situations

Estate plans that are well thought out can help people in Maryland protect their assets in the event of their deaths. This is because an estate plan can effectively transfer people's estates after death to their chosen beneficiaries through wills or trusts. A few tips may help an individual in Maryland create an estate plan that will protect his or her best interests and preserve family relationships.

Durable power of attorney offers valuable benefits

A power of attorney is an essential part of any estate plan in Maryland. It enables a designated entity or person to act on another person's behalf in the event the other person becomes incapacitated. The power of attorney document specifically gives the designated party the ability to make medical treatment-related and/or financial decisions for the incapacitated person.

Will and trust are important parts of an estate plan

A person in Maryland who has assets that he or she would like to leave to loved ones officially has an estate. However, with no estate plan, the state will end up choosing the person's heir, who may not be the person he or she might have intended. This is why estate planning is so critical for people of all income levels and no matter what size one's estate might be.

  • 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: 240-415-9255
Phone: 301-694-6262
Fax: 301-668-8884
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Hagerstown Office
Carson Wealth
19833 Leitersburg Pike
Suite 1
Hagerstown, MD 21742

Toll Free: 866-220-5185
Phone: 240-415-9255
Phone: 301-293-0010
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