No Matter Your Age or Problems an Estate Plan May Still Be an Option

Published On: 04/09/2018

Th (2)You may still be able to protect your family interests even if you’ve waited.

Should you be faced with the prospect of impending death you may still have the time to create an estate plans as NASDAQ recently posted in the article “6 Estate Planning Tips for Those Approaching Death,” including:

  • Make sure to get powers of attorney in place so when you become incapacitated someone else will be legally able to handle your affairs.
  • Come up with a plan for your estate to avoid probate with the help of an estate planning attorney and make sure all of your assets are titled appropriately.
  • You may want to consider swapping assets for capital gains tax purposes, but only do so after talking to your attorney to make sure you do everything correctly.
  • It might be a good time to make donations to charities you support.
  • Review any life insurance policies you have to make sure the beneficiary designations are still appropriate.
  • Talk to your attorney about the best strategies to avoid income and estate taxes for your family. This could include avoiding income in respect of decedent issues.

An estate planning attorney can guide you through the process. Call (443) 470-3599 today and schedule a consultation to learn more about Estate or Elder Law.

Reference: NASDAQ (July 26, 2016) “6 Estate Planning Tips for Those Approaching Death,”

To learn more or get started on your estate plan, just schedule a time to visit us for a no obligation complimentary consultation.

Schedule Free Consultation
Post Author

Britt Stouffer

Britt L. Stouffer is a Maryland attorney experienced in Estates, Trusts, and Elder Law. With over 10 years of experience in Estates and Trusts, she has learned to appreciate how unique each client truly is. On a typical day, you will find her working on Wills, Revocable Living Trusts, Powers of Attorney, Advance Medical Directives, Tax Planning cases, Estate Administration filings, Petitions for Guardianships, Special Needs Planning, and Asset Protection.

658 Kenilworth Dr., Ste. 203, Towson, MD 21204

Subscribe to our mailing list

* indicates required