Mar 31, 2015
A guardian for minor children can only be named through a will. If the parents have not done this, and both die before the children reach legal age, the court will have to name someone to raise them without knowing whom the parents would have chosen. From my...
Mar 24, 2015
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...
Mar 17, 2015
Many older people add an adult child to the title of their assets (especially their home), often to avoid probate. But this can create all kinds of problems. When you add a co-owner, you lose control. Jointly-owned assets are now exposed to the co-owner’s creditors,...
Mar 10, 2015
Maryland has laws for distributing the property of someone who dies without an estate plan—but not very many people would be pleased with the results. State laws vary, but generally they leave the deceased’s assets to family members. (Non-family members, like an...
