Share

Maryland's Legacy Planner

Tuesday, March 24, 2015

Mistake #3 - Not having a Coordinated Estate Plan

It can be difficult to coordinate multiple beneficiary designations and titles so that your beneficiaries inherit the way you want. Keeping beneficiary designations and titles balanced while you are living is a challenge; impossible if you should become ill or incapacitated. Also, if a beneficiary dies, you may want to control who ultimately receives that share of your estate instead of it letting the beneficiary choose who will receive it. One easy way to coordinate all assets into one coordinated plan is to make a trust the owner and beneficiary of as many assets as possible, then put the distribution instructions in the trust document.

Archived Posts

2017
2015
2014
2013


Attorney Lindsey Warren Duvall assists clients throughout Anne Arundel County and Prince Georges County, including but not limited to Annapolis, Davidsonville, Gambrills, Crofton, Severna Park, Crownsville, South River, Millersville, Waugh Chapel, Odenton, Piney Orchard, Severn, Upper Marlboro, Bowie, Glenndale, Galesville, Gibson Island, Arundel Mills, Columbia, Edgewater, Deale, Harwood, Lothian, Churchton, Shady Side, Cape St. Claire, Broadneck, Arnold, Jessup, Laurel, Linthicum, Mitchellville, Pasadena, and Lake Shore, MD.



© 2017 Duvall Law Firm, LLC | Disclaimer
166 Defense Highway, Suite 303, Annapolis, MD 21401
| Phone: 410-721-1660

Estate Planning with Wills | Estate Planning | Probate & Estate Administration | Asset Protection | Business Law | Business Succession Planning | Other Services | Links | About Us

Attorney Website Design by
Amicus Creative