Estate Planning for Individuals and Families keyboard_backspace

Estate planning is a gift for your loved ones. If you do not have planning in place, state law will decide intimate and sensitive topics for you.

For example:

  • Who makes medical decisions for you if you are unconscious or in a coma?
  • How will your assets be divided at your death?
  • Will state and federal transfer and income tax reduce the amount of money you leave to your heirs?
  • Who will have the responsibility of paying your debts, arranging for your funeral and distributing your assets to your heirs?

When you leave your estate planning to the default rules, you are risking headaches for your loved ones. For example, if you are married with no children and die without a will, the District of Columbia and Maryland allow your parents to elect to receive a portion of your estate rather than allow all of your assets to flow to your spouse. Implementing a plan will ensure your wishes are carried out and that you take care of your family as you see fit.

Drawing on Delaney Stafford’s family law expertise, we can help minimize the risks of divorce to your heirs, so that the legacy you leave them is protected in the event of divorce. This planning often minimizes the need for your children and grandchildren to seek premarital agreements, preserving your family wealth while avoiding potentially fraught conflicts as your family grows. Additionally, if you are contemplating or going through a separation, we can work with you to identify issues and plan for the ramifications of a separation or divorce on your estate plan.

Considering and formalizing your wishes through a comprehensive estate plan will provide you with peace of mind and your loved ones with the comfort that they are executing on your wishes. We can guide you through the estate planning process, help you understand your options and efficiently implement planning to reflect your decisions.