Entries by Elsa W. Smith

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How to Prepare for the Initial Estate Planning Consultation

Maryland estate planning involves setting up a plan that meets the client’s needs, supported by appropriate legal instruments. The plan kicks in during life if a physical or mental  incapacity prevents the client from acting in his or her own behalf. It also provides, through a last will, for the distribution of assets post-death. In […]

Who is on your team of advisors?

Attorney Smith asks business owners a question that is the foundation of success in the marketplace.  A team of advisors may include a bookkeeper, an accountant, a banker, a financial advisor and a lawyer.

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Estate Planning Resolves Concerns for Those Without Legal Heirs

Estate planning in Maryland may involve special considerations for those who have no close family or heirs. It is important in that situation to establish legal protocols during life to take care of the distribution of one’s assets after death. This includes the important task of appointing an executor to manage the estate. In addition, […]