Two of the most common estate planning tools are trusts and wills. While both serve as a secure way to provide for the management and distribution of your assets after your death, they are set up differently and operate in different ways. To understand why so many...
At Chesapeake Wills and Trusts, we understand the confusion and misconceptions surrounding the probate process in Maryland. Many clients come to us with preconceived notions about probate that are often rooted in rumor. That’s understandable, because probate can be a...
Probate requirements date back to ancient property laws, designed to ensure that when someone passes away, their debts get paid properly and the right people receive the assets in the deceased person’s estate. However, fulfilling all those requirements takes many...
Trusts are extremely useful tools that can be used to accomplish many different goals in estate planning. But they are artificial legal creations, and unless you work with them on a regular basis, they can be confusing. At Chesapeake Wills and Trusts, we believe...
You know that estate planning is essential for securing your future and ensuring your wishes are honored. However, the process involves more than drafting documents and making legal decisions—a crucial part of the estate planning process includes holding open and...
