Every adult in Frederick and throughout the U.S. should draft a will to express their final wishes. Estate planning doesn't just involve drafting a will, though. The selection of an executor is an important part of this.
When you hear someone talk about getting their affairs in order or planning their estate, you likely think of someone older in age. They're not the only ones who have assets to protect or loved ones with futures that they need to plan for though. Millennials do too.
While many individuals in Maryland and across the United States tend to put estate planning on their back burner, it's not advisable to do so. You leave your hard-earned assets up to chance by doing so. If you don't draft a will or come up with a succession plan for your business, then your loved ones may not receive what you intended to leave them.
Estate planning is a legal realm that can initially seem complex and even a bit overwhelming to many individuals and families in Maryland and across the country.