The Detriment of Putting Off Estate Planning

No one wants to think about the end of their life, but it’s a reality that everyone will need to face. The sooner you take care of your estate planning, the better off you and your family will be. Delaying this important planning can result in major issues after you pass away, and that’s not something you want to do to your family in their time of grief. Our estate lawyer in Maryland has seen the repercussions of no planning or poor planning and knows what it can do to your family.

What Happens When You Don’t Plandreamstime_l_21348468

More fighting within the family.

The loss of a loved one is hard on a family. Unfortunately, emotions and tempers can be in high gear after a loss, and this can lead to many old hurts and grudges rising to the surface. If you don’t have your estate planned properly, it can lead to a great deal of fighting, hurt feelings, and resentment among your loved ones. Spare them this difficulty in their time of grief with proper estate planning.

More of your estate goes to taxes.

Estate taxes are some of the highest in the tax code. Fortunately, with the right advice, you can help your survivors keep more of your estate without paying the bulk of it to the government. It’s all perfectly legal, it just requires some forethought and planning. An estate lawyer with plenty of experience such as JD Katz Attorneys at Law can help you properly plan your estate so your loved ones are able to retain more of their inheritance after you pass away.

Your wishes aren’t carried out.

No matter how large or small your final estate might be, chances are there are some things you’d like to see happen with it. Maybe you want to ensure your favorite charity receives a portion, or your grandchildren split a treasured collection fairly. Whatever you want, you can make it happen with the right estate planning and ensure that your final wishes are properly carried out.

Our Estate Lawyer in Maryland Can Help

Our estate lawyer can make the process of estate planning as easy as possible. Let JD Katz Attorneys at Law walk you through the process and ensure that more of your estate goes to your loved ones and that your final wishes are carried out. Contact us by clicking the button below today and we’ll get you started with a free consultation on our estate planning services.