![]() ![]() That meeting was in our office with two lawyers for one to one and a half hours. Our initial client conference was usually in person with only the client or clients present. ![]() Prior to our first meeting at our office, we generally would email or mail an initial questionnaire with the initial two pages designed to gauge the new client’s objectives. ![]() Our Pre-Coronavirus Procedureīefore the current health emergency, our standard procedure involved a high degree of client contact. Although similar techniques will come into use elsewhere, the methods and techniques discussed here are from a Maryland estates and trusts perspective and may or may not work in other jurisdictions. We have adopted new approaches to our estate planning services during the coronavirus health emergency. Regardless of your situation, however, there are still significant opportunities to implement effective planning under Maryland law. The “how” and the “what” will depend on the extent of your physical social isolation, the magnitude of the signing formalities required by the document, and your access to audio-visual technology. Effective Estate Planning Can Still Be ImplementedĪlthough we are working remotely, we continue to service existing and new clients, not just giving advice as to the various estate planning options, but we are also able to produce estate planning documents that can be put in place for you now and be effective under current Maryland law despite the restrictions on your freedom of movement and limited social interaction.ĭepending on your circumstances, how that estate planning is accomplished, and the nature of the documents used to effectuate the plan will vary. Even without this capability, you can accomplish your important estate planning goals while continuing to protect your health. In fact, you can create or revise a Will, a Revocable Trust, a Durable Power of Attorney or a health care directive without leaving your home as long as you have access to audio-video conferencing on a smart phone, tablet or home computer. Whether you are staying at home or otherwise limiting social interaction, you can still engage in meaningful estate planning. ![]() For the protection of our existing and new clients, as well as of our lawyers and staff, our physical office is closed to clients/prospective clients and we are working remotely. The Maryland estates and trusts law firm, Franke Beckett LLC, is no exception. To gain further insight into when it is necessary to review or update your estate plan, we invite you to watch this concise video: “When You Should Review or Refresh Your Estate Plan.Maryland Estate Planning Guide During the Coronavirus EpidemicĬOVID-19, the coronavirus, has disrupted all our lives, all over the country. Smith, is here to collaborate with you in creating a personalized plan that aligns with your financial objectives and safeguards the future of your family. Our dedicated Maryland Estate Planning Attorney, Elsa W. With a carefully devised succession plan in place, you can find peace of mind for both yourself and your family.Įvery estate and family have unique circumstances and requirements, which is why it’s crucial to tailor your estate plan accordingly. We specialize in helping you structure your business to facilitate a seamless transition to the next generation or a smooth sale to a third party. Furthermore, an effective estate plan can offer tax advantages, allowing more of your wealth to remain within your family.įor business owners, a robust estate plan is an essential component of family business succession planning. By proactively crafting an estate plan now, you can spare your loved ones the burdensome and public probate process. A well-rounded estate plan typically consists of a Last Will and Testament, an Advance Medical Directive, and a Power of Attorney. It involves the strategic distribution of your assets and the development of a comprehensive healthcare plan to address potential mental or physical incapacitation before death. Serving the Estate Planning Needs of Annapolis, Bowie, Upper Marlboro, Baltimore and Surrounding AreasĮstate planning encompasses more than just the creation of a will. ![]()
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