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4520 East West Highway, Suite 700, Bethesda, MD 20814
33 Wood Lane, Rockville, MD 20850
200-A Monroe Street, Suite 200, Rockville, MD 20850
4405 East West Hwy, Suite 201, Bethesda, MD 20814
5900 Hubbard Drive, Georgetowne Park, Rockville, MD 20852
7875 Belle Point Dr, Greenbelt, MD 20770
451 Hungerford Drive, Suite 616, Rockville, MD 20850
51 Monroe Place, Suite 1401, Rockville, MD 20850
129 W Patrick St, #11, Frederick, MD 21701
10411 Motor City Drive, Suite 500, Bethesda, MD 20817
50 W Montgomery Ave., Ste 250, Rockville, MD 20850
322 Main Street, Suite 102, Laurel, MD 20707
4824 Edgemoor Lane, Bethesda, MD 20814-5306
7979 Old Georgetown Rd, Ste 1100, Bethesda, MD 20814
2 Wisconsin Circle, Suite 700, Chevy Chase, MD 20815
200-A Monroe St, Ste 110, Rockville, MD 20850
31 Wood Lane, Suite 2 Adams Law Center, Rockville, MD 20850-2228
110 North Washington Street, Suite 500, Rockville, MD 20850
801 Wayne Avenue, Suite 400, Silver Spring, MD 20910
20 Courthouse Square, Suite 210, Rockville, MD 20850
8 South Main Street, Mount Airy, MD 21771
401 East Jefferson Street, Suite 208, Rockville, MD 20850
7700 Old Georgetown Road, Suite 800, Bethesda, MD 20814
9801 Washingtonian Blvd, Suite 710, Gaithersburg, MD 20878
5257 Buckeystown Pike, #190, Frederick, MD 21704
Silver Spring Trust & Estate Information
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What Is Estate Planning?
Estate planning is the process through which you make known your wishes for what you want to happen to your assets upon your death (commonly done through a last will and testament). Estate planning also involves stating your wishes for your health care through power of attorney declarations and advanced directives. In short, it allows you to maintain control of your health care and estate.
How Much Does Estate Planning Cost?
There are do-it-yourself documents available online that allow you to create your own will, advance directive, and power of attorney declaration. Going this route will be cheaper than using an attorney in the present. However, it is good to work on an estate plan with your attorney to ensure you are going through the process correctly and addressing details you haven’t thought of. If you are worried about cost, you can discuss that with attorneys at your initial consultations as you shop around.
What Estate Planning Documents Do You Need?
Every estate plan should include a last will and testament or establish a trust. This will allow you to state how you wish to distribute your assets to beneficiaries upon your death. A power of attorney declaration will name someone you trust to handle your health care and/or financial decisions if you are ever unable to. An advanced directive (also known as a living will) will state your wishes for any care you want to receive if you are unable to make those decisions at the time. This is useful when it comes to end-of-life care or if you ever need life-saving care because of an accident or illness.
Who Needs Estate Planning?
Everyone needs estate planning, and if you are 18, it is never too early to start thinking about your plan! While we all want to live a long, full life, accidents and illnesses happen. And having a plan in place will go a long way in protecting your wishes.