If you want to know the importance of having a will, it helps to know what happens if you die without one. Maryland has a default set of rules (called intestacy statutes) that apply to individuals who die without a will (called dying intestate) in Maryland. Different states have different default rules. Who will inherit the property of the decedent (the…
Dangers of Do-It-Yourself Estate Planning
Your toilet won’t stop running and it’s driving you nuts. You’re feeling ambitious and instead of calling a plumber, you try to fix it yourself. You can save money, learn something, and maybe get it done more quickly. For similar reasons, many are taking this same do-it-yourself approach to estate planning. Online forms and software make it easier than ever to create…