Logo-Website-Header-mediumLogo-Website-Header-mediumLogo-Website-Header-mediumLogo-Website-Header-medium
  • Home
  • Practice Areas
    • Estate Planning
      • Advance Healthcare Directive (AHCD)
      • Power of Attorney (POA)
      • Last Will & Testament
      • Maryland Medical Orders for Life-Sustaining Treatment (MOLST)
      • Trusts
    • Probate
    • Elder Law
    • Medicaid
    • Asset Preservation
    • Guardianship
    • Fiduciary Representation
    • Business/Succession Planning
  • About
    • Richard K. Abraham, Esquire
    • Susan Affleck Bauer, Esquire
    • Patrick Hanley Jr., Esquire
    • Why Plan Ahead?
    • Events & Media Appearances
  • Testimonials
  • Articles
✕
What is a Will & Why is It Important?
September 21, 2019
What is a Trust?
October 15, 2019
Published by Richard K. Abraham, Esquire on September 26, 2019
Categories
  • Elder Law
  • Estate Planning
Tags
  • Advance Health Care Directives
  • Agent
  • Power of Attorney
  • Wills

Often the difference between a faulty estate plan and success lies in a breakdown of communication.

It does not matter how much forethought you put into distributing your assets, or how expensive it was to draft your will or trust if the people bound by these documents do not know what they contain, or potentially that they even exist.

It may be uncomfortable, but it is important to have conversations about certain important topics with those you will be relying upon to manage your affairs.


Most important is the location of your originally signed documents so they can be used when needed.

Whether it is a shoebox at the foot of your bed, in a safe deposit box, or at your attorney’s office/local Register of Wills through the Orphan’s Court, it is crucial your family and/or named agents no where they can find your last will & testament, health care directive, and/or power of attorney should they be needed.


In order to prevent unpleasant surprises during an already trying time, it can also be useful to discuss the contents of these documents.

You may not want to tell someone they will not be receiving an asset, that someone other than them will make your medical decisions if you are unable to, or you have made a decision they do not approve of, but in many cases being proactive is beneficial. If nothing else, these conversations allow for a thorough examination of your estate plan and determination if it meets your wishes and whether those involved can fulfill their assigned roles.


Knowing who prepared your documents can help with the previous two concerns.

If an original will cannot be located it may be in the office of the attorney who prepared it, they may have filed it with the Register of Wills, and in the worst case they should have a copy made on the date of its signing, which if a petition and consent paperwork is filed, can be used for the probate process. The attorney who prepared the documents should also be able to clarify any seemingly ambiguous terms or questions loved ones may have.


The key to preventing these breakdowns in communication, as in most things estate-planning lies in just that, planning.

Taking a smaller action now can almost always save a much larger effort later, for questions about making an estate plan, talking to your family about your decisions, or any other Elder Law matter, contact Abraham & Bauer today.


We invite you for an Estate Planning Wellness Check! Get started today »

Planning ahead is a gift to your loved ones!

Richard K. Abraham, Esquire
Richard K. Abraham, Esquire

Mr. Abraham is an experienced attorney and founding member of the Law Firm of Abraham & Bauer. The Towson, MD office of the firm concentrates its practice in Estate Planning, Elder Law, Probate, Medical Assistance (Medicaid), Guardianship, Asset Preservation and Fiduciary Representation.

He is an active member in a number of professional organizations that focus on law, the senior community, and estate planning. He works with clients in Central Maryland, especially in Towson, Hunt Valley, Lutherville/Timonium, Parkville, White Marsh, Bel Air & Northern Baltimore City.

Schedule a consultation to help you and your loved ones.

Share
0
Richard K. Abraham, Esquire
Mr. Abraham is an experienced attorney and founding member of the Law Firm of Abraham & Bauer. The Towson, MD office of the firm concentrates its practice in Estate Planning, Elder Law, Probate, Medical Assistance (Medicaid), Guardianship, Asset Preservation and Fiduciary Representation. He is an active member in a number of professional organizations that focus on law, the senior community, and estate planning. He works with clients in Central Maryland, especially in Towson, Hunt Valley, Lutherville/Timonium, Parkville, White Marsh, Bel Air & Northern Baltimore City. Schedule a consultation to help you and your loved ones.

Related posts

April 16, 2020

Reasons to Create an Estate Plan Now vs. Later


Read more
March 14, 2020

Having the Talk: Share Your Estate Plan With Your Family


Read more
February 10, 2020

Estate Planning for Your Minor Children


Read more

Comments are closed.

If you are communicating with regard to a CONSUMER DEBT, please be advised of the following: This is an attempt to collect a debt. Any information received shall be used for that purpose. This is a communication with a debt collector. If you are a debtor in a pending bankruptcy case or have been discharged from the debt, this communication is not intended to be an attempt to collect a debt and/or violate any current stay of proceedings. Please also note: when communicating through email, if persons other than you have access to your email address, it may be possible for them to view messages. If you have either provided an email address or stated you want to communicate through email with this office, you may opt out at any time by sending a message to this address stating you no longer want to communicate by email. We do not communicate through any form of social media regarding any consumer debt.
All Rights Reserved © 2015-2022 Abraham & Bauer, LLC
    • COVID-19 Update »