Lake Shore, MD Estate Planning Attorney

Estate Planning Services Offered by Raymond Brown

• Wills: Raymond E. Brown and his team proudly assist residents of Lake Shore with drafting a will in Maryland that reflects their unique goals and priorities. He works closely with clients to ensure their assets are distributed according to their wishes and loved ones are provided for. 
• Trusts: Trusts are powerful estate planning tools that offer flexibility and protection for your assets. Revocable living trusts allow you to retain control of your assets during your lifetime while simplifying the transfer process for your beneficiaries after your passing, helping to avoid the time-consuming and public probate process. Irrevocable trusts, on the other hand, can provide greater asset protection and significant tax benefits by removing assets from your taxable estate. With the help of an experienced Maryland trust attorney like Raymond Brown, these types of trusts, as well as a number of others, can be tailored to meet your specific needs and financial goals.
• Powers of Attorney: Assigning powers of attorney allows someone you trust to manage your financial and legal matters if you become incapacitated. This document gives your chosen agent the authority to handle tasks like paying bills, managing investments, or making important legal decisions on your behalf.
• Healthcare Directives and Living Wills: Advance healthcare directives, also known as living wills, give you the ability to specify your medical preferences in advance, ensuring your wishes are respected if you’re unable to communicate them. These documents guide your healthcare providers and loved ones, preventing uncertainty and giving you control over critical decisions regarding your care.
• Estate Tax Planning: Raymond Brown also regularly helps clients with Maryland estate tax planning to preserve more of their wealth for their loved ones. By implementing strategies such as creating trusts, utilizing tax exemptions, and structuring gifts, he works to minimize the impact of federal and state estate taxes.
• Guardianship Designations: With the help of an MD estate planning attorney at The Law Office of Raymond E. Brown, you can confidently navigate guardianship and conservatorship matters, ensuring the proper legal arrangements are in place to protect vulnerable loved ones. Whether establishing guardianship for a minor or conservatorship for an incapacitated adult, our law firm provides compassionate and knowledgeable guidance to meet you and your family’s needs.
• Probate and Estate Administration: The probate process in Maryland involves settling a deceased person’s estate, including validating their will, identifying and appraising assets, paying debts and taxes, and distributing the remaining assets to beneficiaries. This process can be complex and time-consuming, often requiring compliance with strict legal procedures and deadlines. Raymond Brown offers experienced probate legal guidance in Maryland to help families navigate probate smoothly, ensuring that all obligations are met efficiently while minimizing stress.

• Medicaid and Long-Term Care Planning: Planning for the costs of Medicaid, nursing home care, assisted living, or in-home healthcare is a necessary step in the estate planning process to ensure you can afford quality care without depleting your assets. Maryland Medicaid planning attorney Raymond Brown helps clients protect their assets while ensuring they meet the eligibility requirements for Medicaid long-term care services. By addressing both current and future needs, he ensures clients can access the care they require without jeopardizing their financial security.