Maryland Estate Planning Lawyer
Estate planning is a process that every Maryland resident should pursue. Unfortunately, however, many people see estate planning as unnecessary and put it off until critically ill or nearing death. Although creating a plan, even during a crisis, is better than no plan at all, waiting until a tragedy strikes is never wise and is almost always less effective than beginning early. Not only is earlier planning less stressful, but it’s also likely to be more comprehensive as it plans for lifetime occurrences as well as after death. So act now and contact a seasoned estate planning attorney, and rest assured knowing that you and your family are prepared for whatever life-changing event may occur.
Maryland estate planning lawyer Clifford M. Cohen is a knowledgeable attorney who has helped individuals in ranging life stages draft comprehensive estate plans. While preparing legal documents on your behalf is our focus, we’re genuinely invested in your well-being and establish long-term relationships with all of our clients. Provide your loved ones with peace of mind by planning your estate with the help of an experienced professional.
The Purpose of an Estate Plan
At the Law Offices of Clifford M. Cohen we design customized estate plans, unique to each of our clients. There is no set template and one size does not fit all. Below are some of the things to consider when designing an estate plan:
- Do you want to avoid Probate?
- Who will determine if you are disabled?
- Who will control your assets if you are disabled?
- Who will make healthcare decisions for you when you cannot?
- Do you want to provide protection against creditor claims, divorce or other lawsuits?
- Do you want to ensure that your beneficiaries do not squander their inheritance?
- Do you own a business? What would happen to the business upon your demise?
- Do you have someone to operate the business or would it be sold?
- Is there enough liquidity in your estate to pay any potential estate tax?
- What would happen if you became frail or cognitively impaired?
- If you needed to go to a nursing home, how would you pay for that?
If you are unsure of what all should be in your estate plan, we can provide guidance through in-depth one-on-one conversations. Simply express your concerns, and we can make you aware of the documentation needed to ensure that it does not become an issue, but our involvement doesn’t stop there. We are fully invested in your future and will serve as your counsel throughout the estate planning process and beyond.
The Role of an Estate Planning Attorney In Maryland
State laws provide specific rules as to who can be appointed to administer the estate, how they are appointed, and their duties once appointed. In drafting your will, we ensure that all necessary provisions appear to make sure assets pass to your loved ones as you desire and as efficiently as possible. When trusts are involved, we pay careful attention in drafting the trust to ensure not only that it meets legal requirements, but also protects assets for your loved ones, while allowing enough flexibility to address unknown future events.
Our number one priority is ensuring that your estate plan meets all your needs and that the law recognizes it. We do so by meticulously reviewing statutes and applying our legal knowledge when drafting all documents.
Personalized Attention from a Seasoned Estate Planning Lawyer
When a loved one passes, it can place a heavy burden on family members and induce preventable stress. Take the necessary action to avoid such issues by inviting the help of an experienced attorney when drafting your estate plan.
Maryland estate planning lawyer Clifford M. Cohen has over 35 years of experience and has helped many people safeguard their assets while protecting their families well-being. Don’t assume that things will work themselves out after you pass. Contact us today at 202-895-2799 for a free case evaluation.