Estate Planning in Maryland, District of Columbia and Virginia
Estate Planning services and referrals for residents living in Maryland, Washington D.C. and Virginia
Comrade Financial Group has can help you with Estate Planning, Living Will, Medical Power of Attorney,and Trusts to give you peace of mind.
As you accumulate assets through your life, it becomes very important for you to carefully plan your estate. A traditional will often is no longer enough to protect your assets and make sure they are passed to your loved ones or heirs without a large tax burden.
Your estate is an important part of your Retirement Planning. A thorough estate plan allows you to decide how your property will be administered during your lifetime, and then distributed after your death. Without an estate plan, you can be subjecting your heirs and loved ones to a number of unplanned hazards, such as probate, creditors, lawsuits, death taxes, judgments and legal fees. I for one, don’t want that and you should not want that either.
Successful estate planning transfers your assets to your beneficiaries quickly and with minimal tax liability or other unforeseen problems.
Comrade Financial Group handles Estate Planning from a Neutral Third Party View with your best interest at heart. Below are some steps to get started so call or email with your questions, and we will be happy to guide you.
What is a Living Will?
A living will is a legal document that a legal person uses to make known his or her wishes about life prolonging medical treatments. You can also call it an advance directive, health care directive, or a physician’s directive. Having a Will is very important because you could not able to speak for yourself, so it is imperative to make sure that your wishes and desires are followed in reference to family matters and medical treatment.
Along with your Living Will, you should prepare a Health Care Power of Attorney to appoint a loved one to make sure you receive treatment according to your wishes.
What is a Living Trust?
A Living Trust is a mechanism for holding and distributing a person’s assets to avoid probate. In certain instances with assets totaling over 5 million, please ask about Federal tax savings AB Trusts.
What is a Medical Power of Attorney?
A Medical Power of Attorney is exactly what is states. You need to choose a loved one to make decisions on your behalf about Medical Treatment. Some jurisdictions need this to facilitate certain treatments or to actually continue treatments if you are unable to express your wishes.
Estate planning is something that all families should do. Life is too short and to make sure the peace of mind you deserve, contact Comrade Financial Group and one of our affiliate Attorneys will guide you through this process in Maryland, Virginia and District of Columbia.
Call 240-855-4541 or email for a confidential analysis of your situation.