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Common Questions for an Estate Planning Attorney in Bel Air, MD Regarding Will Creation

Everyone should have a will regardless of the stage in life they are in. Unfortunately, most people put off the task of creating it. For those who are ready to break this cycle of procrastination and have decided that it is time to have a will drafted, then chances are there are questions about the process. Some of the most common questions made to an estate planning attorney in Bel Air, MD about creating a will can be found here.

Why is a will even necessary?

If a person has children, money or any other type of asset, having a will created is essential. If they fail to do this, they may find that all they have is just going to be divided up when they pass according to the laws in the area. This may even result in assets and young children being given to someone other than the spouse or another family member.

Is private will creation a good idea?

While there are options out there for a person to create their own will, it is usually a good idea to contact a professional. They understand the process of creating the will and how to handle making changes in the future and any other issue that may arise.

Is more than a will needed?

If a person takes the time to speak with an estate planning attorney in Bel Air, MD, they will quickly discover that it is recommended to put in place a number of documents that will allow someone else to make decisions should the person ever become incapacitated. Things such as medical wishes can be outlined in a living will or directive that describes the type of treatment that a person does or does not want.

Should you have a revocable trust created?

One of the main reasons to create a revocable trust is to avoid probate, which is the court-supervised process used for settling a dead person’s estate. These documents can be invaluable in some situations and something that should be discussed with the person who is helping with end-of-life planning.

For more information about estate planning contact Michael S. Birch, Attorney at Law. Those interested can also visit the website. Being informed is always the best course of action.

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