A

HOFFMAN, COMFORT, OFFUTT, SCOTT & HALSTAD, LLPCARROLLCOUNTYMARYLANDLAWFIRM.COM

WFULSSET

PROTECTIONLANNING

ADVICE YOU MUST AVOID

YOU DON'T NEED A WILL BECAUSEYOU AREN'T MARRIED AND DO NOT HAVE CHILDREN" "

THIS IDEA IS NOT ALWAYS TRUE

YES, THERE ARE SOME PEOPLE WHO GENUINELY HAVE NO NEED FOR A WILLTHERE ARE MANY OTHERS WHO DO FOR ONE REASON OR ANOTHER

IDEAL FOR THOSE WHO HAVE PARENTS WITH LARGE ESTATESTHEY COULD ENCOUNTER MAJOR TAX PROBLEMS AFTER THEY DIE

IF YOU HAVE A PARENT OR PARENTSWHO ARE IN A NURSING HOME

A WILL CAN BE A GOOD IDEA TO ENSURE THAT THEY AREPROPERLY TAKEN CARE OF AFTER YOU ARE GONE

YOU AND YOUR SPOUSE DON'T NEED A WILL BECAUSEIF ONE DIES EVERYTHING WILL BE LEFT TO THE REMAINING SPOUSE" "

WHILE THIS MAY HOLD TRUE FOR JOINTLY HELD PROPERTY,IT IS MOST CERTAINLY NOT ALWAYS THE CASE

A LEGALLY BINDING WILLCAN BE AN EXCELLENT IDEA

SO YOU WON'T BE DENIED WHAT IS RIGHTFULLY YOURSIN THE UNFORTUNATE EVENT OF YOUR SPOUSE'S DEATH

YOU WILL NO LONGER HAVE TO WORRY ABOUT WHAT YOU WILL OR WILL NOT GETBECAUSE YOU HAVE AN OFFICIAL WILL DRAFTED

THAT DETERMINES WHAT YOU ARE BOTH ENTITLED TO

DRAFTING A WILL ISN'T WORTH IT BECAUSE

OF PROBATE COSTS" "

PROBATE COSTS USUALLY ARE NOT THAT STEEPAND THERE ARE SHORTCUTS FOR MINIMIZING THEM

A LOT OF PEOPLE DO NOT KNOW:PROBATE FEES ONLY APPLY TO PROPERTY THAT IS IN THE DECEASED PERSON'S NAME

PROBATE COSTS AREN'T ENOUGHT TO NOT CREATE A WILLTAKE THAT INTO CONSIDERATION WHEN TRYING TO DETERMINE WHAT YOU SHOULD DO

FOR YOUR BEST ASSET PROTECTION PLANNING NEEDS,HOFFMAN, COMFORT, OFFUTT, SCOTT & HALSTAD, LLPARE EXPERIENCED PROFESSIONALS WHO ARE ALSO VERY KNOWLEDGEABLE ABOUT THIS TYPE OF LAW.