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Wills Archives

Should you consider including your family history in your will?

As baby boomers and their parents age in Maryland and across the U.S., studies show that they are less likely than ever to leave large money inheritances to their children in their will. A 2012 report by Allianz Life American Legacies in a Pulse Study discovered that 86 percent of baby boomers ages 47 to 66, and 74 percent of individuals over 72 years old are in agreement that a true legacy lies in the stories and history of a family, rather than in possessions and money that may be traditionally included in a will.

Do you have a will to distribute your assets when you die?

Frequently, when a relative passes away in Maryland and elsewhere, family members are not sure how to handle distribution of some of the assets. All kinds of digital assets, including online pictures, bank data, high-tech phones, and more are a lot to sift through. Dividing up this property can place added stress on relatives, already mourning the loss of a loved one, when a will or other estate planning document does not detail what is to occur.

A living will may prove invaluable

When people face the end of their lives, they may find themselves unable to dictate the terms of their medical treatment. This may be because they are either completely incapacitated due to an illness or simply unable to communicate. To avoid this kind of situation, it may be beneficial to draw up a living will.

Understanding how and when a will is applied

In drawing up a will, there are a number of things that Maryland residents should consider. First, there are certain requirements that need to be followed in order for a will to be considered valid. But secondly, one should keep in mind that one's last will and testament does not necessarily have the final say in all matters.

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The Law Offices of Scott Alan Morrison, P.A.
141 W Patrick Street
Suite 300
Frederick, MD 21701

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Phone: 301-694-6262
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