When it comes to estate planning in Baltimore County, there is no attorney more effective than Thomas Mallon. For many years Attorney Mallon has been providing the Baltimore area with elder law and estate planning services that have helped the elderly community plan the rest of their lives effectively.
Thomas Mallon has been serving Baltimore as a family planning and elder law attorney for many years. In the time that he has been in practice, he has helped many people of the elderly community with their legal needs. But what is elder law, and how exactly does it work? At the law firm of Attorney Thomas Mallon, all aspects of elder law and retirement planning can be easily explained.
Elder law is the specialty field of law that deals with the various legal needs of people past a certain age. The focus of elder law is the legal issues that senior citizens must deal with. Each state has a government that deals with the complex and multifaceted legal matters that seniors are faced with. In order to effectively carry out legal concerns of the elderly community, a responsible and knowledgeable attorney is needed. Attorney Thomas Mallon is such a lawyer; one who understands the needs of senior citizens who are in the stages of planning either retirement, estate planning, or are facing health issues that require legal assistance.
For more information on elder law attorney practices and fees in Baltimore, Maryland, please contact the law office of Thomas Mallon today.
Most people do not know that they have an estate, but most people do. An estate is anything that you own, whether it be your car, real estate, or a bank account. Regardless of how much you own, anything that is yours is part of your estate. When the time comes for you to plan for the distribution of your assets after you die, that is called estate planning. If you want to control how your possessions are distributed, an estate planning attorney is essential. Thomas Mallon is an estate planner in Baltimore County, MD. When it comes to trust planning, or estate planning, it is important that you elect a power of attorney, or someone who will be in charge of distribution of your estate. Attorney Mallon has been helping people with this process for many years.
If you are at the time of your life where you are thinking ahead about your estate trust, you may want to consider working with Attorney Mallon. Mr. Mallon is available to speak with you about your questions regarding estate planning, trust administration, estate tax, or income tax related to estate planning. Please give his law offices a call today if you would like more information.
Estate planning in the state of Baltimore County, MD is an important process for anyone with assets. Planning for your estate can be time consuming and confusing. An estate lawyer can help you fill out your legal forms properly and completely so that your wishes are legally implemented. Estate planning lawyers in Baltimore County, MD understand that Estate planning, including wills and trusts, can involve different levels of complexity.
You need to use estate planning attorneys in Baltimore County, MD to accomplish various family, personal and business goals. An absolute distribution of assets can only be accomplished by a simple Will. The services of an attorney are needed when you are deciding what type of Will you want. For example, you might be interested in creating a power of attorney for your children or grandchildren.
Power of attorney for your pets is another option that you may consider. If you have adult dogs or cats, you can set up a Will in their names. The best place to start the process is at your local law office. Estate planning attorneys in Baltimore County, MD will assist you in completing your Will. If you have more than one pet, you can also arrange a Will between your pets that assigns each of them a sole owner. You should talk to your attorney about this option to be sure that it is acceptable under your State’s laws.
Another option that you have for estate planning in Baltimore County, MD is called a trust. A trust will act as a “guardian” for your money, belongings, and other assets. Unlike a Will, a trust cannot be revoked. If you create a trust, estate planning attorneys will help you set it up correctly and get it legally approved.
When you decide to appoint an executor to handle your estate, you may feel uneasy about this step. An estate lawyer who has experience working with people in these situations can provide guidance on what an executor should do. If you want to appoint your child’s guardian, you can appoint your personal representative or, if you want to appoint a person without a parent’s consent, you can appoint an alternate. If you appoint an executor who is not of sound mental capacity, the court can appoint someone else. If your loved one has dementia or Alzheimer’s, your estate lawyer can get an arrangement in place that would keep your loved one in a nursing home.
If you are considering a probate lawyer to help you with estate planning, there are some things that you can do to make your situation easier. You can appoint an estate planning attorney to help you fill out your Will, as well as to settle any probate issues. Probate is a process in which the court will take over the responsibility of managing the deceased person’s debts and assets. Your probate lawyer can help you through the probate proceedings and can fill out the Will that will be necessary for your beneficiary sign.
In some cases, an estate-planning attorney can be helpful in creating a Last Will and testament. This document outlines the contents of your estate, including your name, address, and other information. If you have many assets, it is better to use a Will, instead of a last testament, so that your beneficiaries will receive all of your assets without having to worry about who they are entitled to or who their rightful owner is.
If you or a loved one has been diagnosed with a terminal illness, it can be difficult to determine what your next steps should be. Many families opt for funeral arrangements or cremation. However, if you have life insurance or other assets that you need to pass on to your family, you should consider working with an estate-planning lawyer. There are many options available to you when it comes to how you distribute your assets in the event that you are not able to pass on your wealth to your family. Your probate attorney can help you establish a plan that is specific for your particular situation. They can also work with your medical professional to help determine which type of life insurance policy or investment account is the most beneficial for you and your beneficiaries.