Estate Planning
Severn Estate Planning Lawyer
Experienced Estate Planning Attorneys in Severn, Maryland
At The Law Office of Raymond E. Brown, we know that planning for the future requires serious thought and consideration, which is why we’re here to make the process as clear and straightforward as possible.
Whether you’re in Severn, Severna Park, Glen Burnie, Annapolis, Baltimore, or anywhere else in Anne Arundel County or the surrounding areas, our experienced Maryland estate planning attorneys are here to help. To start creating your personalized estate plan, call (443) 554-9944 or complete the online intake form on our site today.
Estate Planning and Administration Services Offered by The Law Office of Raymond E. Brown
Estate planning is an incredibly important process that involves outlining how your assets will be managed, protected, and distributed after your death (or if you become incapacitated and cannot manage them yourself).
At The Law Office of Raymond E. Brown, we offer comprehensive estate planning services to help you protect your assets, provide for your family, and ensure that your wishes are carried out. Led by experienced estate planning attorney Raymond Brown, our team works closely with clients in Severn and the nearby areas to guide them through the entire estate planning process. Whether you’re just getting started or updating an existing plan, we’re here to help.
A complete estate plan includes several core components, including wills, trusts, powers of attorney, advanced healthcare directives, and more. Below, we’ll provide you with more information regarding these key components so you can make informed decisions when it comes to your estate.
Wills and Trusts
A last will and testament is a key document in any estate plan. It specifies how your assets will be distributed after your death and can also name guardians for minor children. However, a will alone may not be enough to protect all your assets and loved ones. This is where a trust can be extremely beneficial. Creating a trust allows you to control the distribution of your assets during your lifetime and after your death, offering additional security and privacy.
Powers of Attorney
A power of attorney is a legal document granting someone you trust the authority to make important decisions on your behalf, typically regarding financial or healthcare matters. This document allows you to appoint a trusted individual to manage your affairs if you become incapacitated or unable to act on your own.
Having a power of attorney in place can provide peace of mind for both you and your loved ones knowing that your financial, legal, and healthcare decisions will be handled according to your wishes, even if you cannot make those decisions yourself.
Advance Healthcare Directives
An advance healthcare directive is another essential legal document that outlines your healthcare preferences if you cannot make decisions for yourself. It allows you to specify the types of medical treatment you want or do not want and appoint someone you trust to make healthcare decisions on your behalf. This document can guide your family and healthcare providers clearly, ensuring that your wishes are respected during difficult situations.
Medicaid and Retirement Planning
Retirement planning and Medicaid planning often go hand-in-hand, as the savings and investments you build for retirement can affect your eligibility for Medicaid. Our estate planning lawyers offer advice on preserving your wealth while ensuring you have access to the care you need.
Whether planning for retirement or thinking about long-term care, we’re here to help you make informed decisions and secure your future.
Probate and Estate Administration
Probate and estate administration are the legal processes that take place after someone passes away to manage their estate, distribute assets, and settle debts. During probate court in Maryland, the will is validated, and an executor or personal representative is appointed to distribute the estate according to the deceased’s wishes.
Estate administration involves handling all legal and financial matters and ensuring the estate is settled in accordance with the law. Having the right estate planning attorney for probate can help reduce families’ burdens and make the process more manageable.
Business Successions
Business succession planning is important for business owners who want to guarantee their company’s continued success and stability after they step down, retire, or pass away. A well-crafted business succession plan outlines how ownership and management will be transferred to family members, key employees, or outside buyers.
This type of estate planning helps prevent disruptions, protects the value of the business, and provides clarity during a time of transition.
Asset Protection and Estate Tax Planning
Proper estate planning should also help shield your assets from creditors, lawsuits, and other risks while reducing estate taxes that could impact your heirs. Using asset protection tools such as trusts, gifting strategies, and tax-efficient planning, you can preserve more of your estate for your loved ones.
Whether you’re concerned about protecting real estate, savings, or other investments, effective estate tax planning allows you to pass on your assets with fewer complications and financial burdens, providing long-term security for future generations.
Charitable Planning
Charitable planning is a great way to make a meaningful impact on the causes you care about while also benefiting your estate. In other words, including charitable gifts in your estate plan allows you to support nonprofit organizations or causes that are important to you, all while potentially reducing your estate’s tax liability.
Contact an Experienced Severn, MD Estate Planning Attorney at The Law Office of Raymond E. Brown Today
Creating a comprehensive estate plan is one of the most important steps you can take to protect your family, your assets, and your future. Whether you’re starting from scratch or need to update your existing plan, having knowledgeable attorneys by your side makes all the difference. At The Law Office of Raymond E. Brown, we bring years of experience and a dedication to client satisfaction to every case we take on, helping clients in Severn, MD and beyond create estate plans that meet their unique needs and goals.
As your trusted Severn estate planning lawyer, Raymond Brown will work closely with you to ensure your wishes are clearly outlined, your loved ones are cared for, and your assets are secured. If you have a question about any part of the process, we provide clear, helpful guidance and are able to make adjustments as needed to keep your plan up-to-date.
Call The Law Office of Raymond E. Brown at (443) 554-9944 or complete our online contact form to schedule a consultation and take the first step toward protecting what matters most.
