Author: David Darby

Estate planning is very important, but many people make avoidable mistakes. Here are common pitfalls people in Rockville should watch out for. Avoiding them can save your heirs trouble and reduce costs. Mistake #1: No will or outdated will Sometimes people assume their family knows what they want. Without a will, Maryland law decides who inherits, and that might not match what you intended. Even if you made a will years ago, changes in life (marriage, children, divorce, big asset changes) might make it wrong or unfair. Mistake #2: Not planning for incapacity Estate planning is not just about what…