Ocean Pines Estate Planning

Estate Planning Attorneys in Ocean Pines

Protect Yourself & Your Family with Our Support

An estate plan is much more than figuring out who gets what when you pass away, and not enough people tend to appreciate the many other ways it can help them and their loved ones. While a basic will or trust is good for settling property division matters and limiting the time it takes to administer an estate, there are many more opportunities people can take advantage of in estate planning.

At Hearne & Bailey, P.A., we can provide the support our clients and their families need when they feel it’s time to do a little more with their estate plan. We can provide the advice and services you need to address matters such as tax planning power of attorney, advanced healthcare directives, and more. Whether you know what you want to do with your plan or need our guidance to help you build one that works for you, our estate planning attorneys in Ocean Pines are prepared to provide the individual level of support you need.

If you are trying to deal with matters someone left behind, Hearne & Bailey, P.A. also offers assistance with the estate administration process. Should a dispute arise at any point regarding a loved one’s estate, we can additionally render estate litigation services.

For more information about what’s possible when you work with Hearne & Bailey, P.A., schedule a consultation by calling (410) 618-0903 or by filling out our online contact form.

Avoid Passing Away without a Plan!

When a person passes away or becomes incapacitated without an estate plan – even a simple will – it can mean a lengthy and costly probate process for their families. Rather than the will guiding the administration process, the court will appoint a representative to administer the estate and the state’s intestacy laws will determine inheritance.

The only way to ensure your estate is to be divided according to your wishes is to build an estate plan that is as unique as you.

A comprehensive plan may include the following:

  • Your will
  • Trusts
  • Powers of Attorney
  • Guardianship over minor children
  • Advanced Directives for Medical Care
  • Retirement Planning
  • Revocable Living Trusts

Questions You Should Ask Yourself before Planning

There are a number of considerations everyone should address before they approach estate planning and as they move throughout the process.

Some of these key considerations include:

  • Will I have enough money when I retire?
  • Will I be able to afford a nursing home?
  • What kind of medical care do I want if I’m approaching the end of my life?
  • To whom should I leave an inheritance, and how much?
  • Who do I trust to take care of my minor children if I’m no longer around?

We Offer Tax Planning Solutions

If you want to minimize your estate’s exposure to unnecessary taxation, Hearne & Bailey, P.A. can help. Together, we can work out a plan that can reduce what your estate will owe in income, gift, estate, and generation-skipping taxes.

By minimizing what you pay to the government, you can ensure that your loved ones will have more to benefit from when you pass on. Rest assured that if finding a way to lower your estate’s tax liability is an important issue to you, our estate planning attorneys in Ocean Pines have the experience necessary to come up with solutions that can work for you.

Continue to Stay Informed With Our Updates

Get in Touch with Us Today

No matter how simple or complex your estate plan needs to be, our attorneys at Hearne & Bailey, P.A. have the experience and skills to match your needs. We’ll work with you on an individual level to come up with an estate plan that accounts for everything that’s important to you.

If you would like to learn more about our services and how we can help, schedule a consultation with us by getting in touch online.

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Disclaimer: This information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters, and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.

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