Tuesday, January 31, 2017

Columbia Maryland Probate and What Goes into an Estate Account

Probate is a judicial action that the vast majority of society has to go through when they die, particularly if they have inheritable assets.  Probate doesn’t occur everywhere; it takes place in the county seat (capital) of the county where the deceased person resided and had assets.

In Maryland, probate occurs at the Register of Wills; the Register of Wills is commonly found at the circuit (state not federal) court house. In Howard County, that is in Ellicott City, Prince George’s County’s is in Upper Marlboro, Montgomery County’s is in Rockville, etc. Register of Wills offices can be tiny operations with less than a dozen employees to enormous operations with hundreds of employees as is found in both Montgomery and Baltimore Counties.

Read more . . .

Saturday, October 22, 2016

Probate in Howard County (Part Three)

What does the typical probated estate look like? For one thing, it is probably a female’s estate. Men die with most of their assets being jointly owned by a wife, or possibly a child. At that point there is no reason for a probate because there are no assets that are separately owned. But, when their spouse passes away, families must deal with probate.

A good probate lawyer will be familiar with this scenario.

Read more . . .

Wednesday, August 17, 2016

Trust Administration (Part Two) (Pros and Cons)

I’ve written on the importance of a trust administration lawyer before, here, and I am going to touch on the process again. Trust administration is becoming more and more of an issue for Americans because of the growing popularity of revocable living trusts. While I believe that revocable living trusts are unnecessary for most people, if a trustee has been chosen to administer a trust, he or she must face a task that can be even more daunting than a probate. That means trustees may need the assistance of an attorney.

Trust administration is not overseen by courts in the same way that probate is.

Read more . . .

Tuesday, July 5, 2016

Probate in Howard County, Maryland (Part One)

What is probate? Probate is the system in place in most of the United States that administers the wills of estates. When you die, your estate passes through probate and money owed to creditors (and attorneys) is paid out, followed by property that is due to beneficiaries (heirs).

In Howard County, probate is a straightforward process. The Register of Wills in the county is located in the Circuit Courthouse in Ellicott City. The Register of Wills is the office that oversees administration and helps to guide personal representatives (executors) through the process toward its eventual conclusion and closure.

Read more . . .

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