SlideShare ist ein Scribd-Unternehmen logo
1 von 29
Downloaden Sie, um offline zu lesen
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
HOW THE MARYLAND PROBATE PROCESS
CAN AFFECT YOUR FAMILY
Understanding the Impact of the Maryland
Probate Process
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
What is the Maryland
Probate Process?
The Maryland probate process is a process by
which an estate’s affairs are resolved following a
death.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
It is an official court process which,
in Maryland, takes place in the
Orphan’s Court.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
THE MARYLAND
PROBATE PROCESS
AFFECTS FAMILIES
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
The family members of the
deceased are affected by the
probate process in many ways.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
Some of the ways that the probate
process can impact the family of the
person who passed away include
the following:
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
COMPLICATED LEGAL
PROCEEDINGS
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
The probate process can be
complicated.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
There are many requirements to
fulfill during this process.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
It can be difficult for a family to go
through the probate process as
they grieve their loss.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
STRESS FOR THE EXECUTOR
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
The executor has many obligations
during the probate process.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
Often, the executor is someone who
is a close family member of the
deceased.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
The deceased person names an
executor in a will and the court
appoints the chosen executor.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
An executor may experience a lot of
stress from taking care of the
property of the deceased and doing
all the tasks required of him.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
A DELAY IN AN INHERITANCE
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
The probate process takes a long
time and those who stand to inherit
from the will cannot access estate
assets during the probate process.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
Financial hardship sometimes
results from the delay in receiving
an inheritance.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
POSSIBLE LOSS OF VALUE
OF ESTATE ASSETS
During the probate process, the executor is
expected to manage property and prevent loss.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
Sometimes, however, assets do lose
value because of the delay in
transferring ownership to new
owners.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
For example, a family business
could lose value because there is
uncertainty surrounding the
transition to the new company’s
owner.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
COSTS OF PROBATE
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
Probate can cost money in court
costs and fees.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
This can reduce the value of an
inheritance.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
GETTING LEGAL HELP
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
A Maryland estate planning lawyer
can help to create a plan that
allows you to avoid probate if you
do not want your family to have to
cope with this process.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
A probate lawyer can also guide
families through the probate
process to try to reduce the stress.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
Contact an attorney today for help.
ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF
Visit our website
www.sinclairprosserlaw.com
Nicole Livingston
Jon J. Gasior
Colleen SinclairProsser
Victor A. Lembo

Weitere ähnliche Inhalte

Mehr von Colleen Sinclair Prosser

Why Young People Need An Estate Planning Attorney: A Guide for Young People M...
Why Young People Need An Estate Planning Attorney: A Guide for Young People M...Why Young People Need An Estate Planning Attorney: A Guide for Young People M...
Why Young People Need An Estate Planning Attorney: A Guide for Young People M...Colleen Sinclair Prosser
 
Alzheimer's Disease Makes Incapacity Planning a Must
Alzheimer's Disease Makes Incapacity Planning a MustAlzheimer's Disease Makes Incapacity Planning a Must
Alzheimer's Disease Makes Incapacity Planning a MustColleen Sinclair Prosser
 
Can I Give Away Assets To Qualify for Medicaid
Can I Give Away Assets To Qualify for MedicaidCan I Give Away Assets To Qualify for Medicaid
Can I Give Away Assets To Qualify for MedicaidColleen Sinclair Prosser
 
How Much Can You Transfer Free of the Estate Tax?
How Much Can You Transfer Free of the Estate Tax?How Much Can You Transfer Free of the Estate Tax?
How Much Can You Transfer Free of the Estate Tax?Colleen Sinclair Prosser
 
Does a Revocable Living Trust Provide Asset Protection?
Does a Revocable Living Trust Provide Asset Protection?Does a Revocable Living Trust Provide Asset Protection?
Does a Revocable Living Trust Provide Asset Protection?Colleen Sinclair Prosser
 

Mehr von Colleen Sinclair Prosser (7)

Why Young People Need An Estate Planning Attorney: A Guide for Young People M...
Why Young People Need An Estate Planning Attorney: A Guide for Young People M...Why Young People Need An Estate Planning Attorney: A Guide for Young People M...
Why Young People Need An Estate Planning Attorney: A Guide for Young People M...
 
Alzheimer's Disease Makes Incapacity Planning a Must
Alzheimer's Disease Makes Incapacity Planning a MustAlzheimer's Disease Makes Incapacity Planning a Must
Alzheimer's Disease Makes Incapacity Planning a Must
 
Can I Give Away Assets To Qualify for Medicaid
Can I Give Away Assets To Qualify for MedicaidCan I Give Away Assets To Qualify for Medicaid
Can I Give Away Assets To Qualify for Medicaid
 
Is Probate Always Required?
Is Probate Always Required?Is Probate Always Required?
Is Probate Always Required?
 
How Much Can You Transfer Free of the Estate Tax?
How Much Can You Transfer Free of the Estate Tax?How Much Can You Transfer Free of the Estate Tax?
How Much Can You Transfer Free of the Estate Tax?
 
Does a Revocable Living Trust Provide Asset Protection?
Does a Revocable Living Trust Provide Asset Protection?Does a Revocable Living Trust Provide Asset Protection?
Does a Revocable Living Trust Provide Asset Protection?
 
How Can I Qualify for Maryland Medicaid
How Can I Qualify for Maryland MedicaidHow Can I Qualify for Maryland Medicaid
How Can I Qualify for Maryland Medicaid
 

Kürzlich hochgeladen

一比一原版(USC毕业证书)南加州大学毕业证学位证书
一比一原版(USC毕业证书)南加州大学毕业证学位证书一比一原版(USC毕业证书)南加州大学毕业证学位证书
一比一原版(USC毕业证书)南加州大学毕业证学位证书irst
 
5-6-24 David Kennedy Article Law 360.pdf
5-6-24 David Kennedy Article Law 360.pdf5-6-24 David Kennedy Article Law 360.pdf
5-6-24 David Kennedy Article Law 360.pdfTodd Spodek
 
一比一原版曼彻斯特城市大学毕业证如何办理
一比一原版曼彻斯特城市大学毕业证如何办理一比一原版曼彻斯特城市大学毕业证如何办理
一比一原版曼彻斯特城市大学毕业证如何办理Airst S
 
一比一原版(Warwick毕业证书)华威大学毕业证如何办理
一比一原版(Warwick毕业证书)华威大学毕业证如何办理一比一原版(Warwick毕业证书)华威大学毕业证如何办理
一比一原版(Warwick毕业证书)华威大学毕业证如何办理Fir La
 
Cyber Laws : National and International Perspective.
Cyber Laws : National and International Perspective.Cyber Laws : National and International Perspective.
Cyber Laws : National and International Perspective.Nilendra Kumar
 
买(rice毕业证书)莱斯大学毕业证本科文凭证书原版质量
买(rice毕业证书)莱斯大学毕业证本科文凭证书原版质量买(rice毕业证书)莱斯大学毕业证本科文凭证书原版质量
买(rice毕业证书)莱斯大学毕业证本科文凭证书原版质量acyefsa
 
judicial remedies against administrative actions.pptx
judicial remedies against administrative actions.pptxjudicial remedies against administrative actions.pptx
judicial remedies against administrative actions.pptxIshikaChauhan30
 
一比一原版(TheAuckland毕业证书)新西兰奥克兰大学毕业证如何办理
一比一原版(TheAuckland毕业证书)新西兰奥克兰大学毕业证如何办理一比一原版(TheAuckland毕业证书)新西兰奥克兰大学毕业证如何办理
一比一原版(TheAuckland毕业证书)新西兰奥克兰大学毕业证如何办理F La
 
一比一原版(UNSW毕业证书)新南威尔士大学毕业证如何办理
一比一原版(UNSW毕业证书)新南威尔士大学毕业证如何办理一比一原版(UNSW毕业证书)新南威尔士大学毕业证如何办理
一比一原版(UNSW毕业证书)新南威尔士大学毕业证如何办理ss
 
一比一原版(OhioStateU毕业证书)美国俄亥俄州立大学毕业证如何办理
一比一原版(OhioStateU毕业证书)美国俄亥俄州立大学毕业证如何办理一比一原版(OhioStateU毕业证书)美国俄亥俄州立大学毕业证如何办理
一比一原版(OhioStateU毕业证书)美国俄亥俄州立大学毕业证如何办理e9733fc35af6
 
一比一原版悉尼科技大学毕业证如何办理
一比一原版悉尼科技大学毕业证如何办理一比一原版悉尼科技大学毕业证如何办理
一比一原版悉尼科技大学毕业证如何办理e9733fc35af6
 
一比一原版(QUT毕业证书)昆士兰科技大学毕业证如何办理
一比一原版(QUT毕业证书)昆士兰科技大学毕业证如何办理一比一原版(QUT毕业证书)昆士兰科技大学毕业证如何办理
一比一原版(QUT毕业证书)昆士兰科技大学毕业证如何办理Airst S
 
Career As Legal Reporters for Law Students
Career As Legal Reporters for Law StudentsCareer As Legal Reporters for Law Students
Career As Legal Reporters for Law StudentsNilendra Kumar
 
Sangyun Lee, Duplicate Powers in the Criminal Referral Process and the Overla...
Sangyun Lee, Duplicate Powers in the Criminal Referral Process and the Overla...Sangyun Lee, Duplicate Powers in the Criminal Referral Process and the Overla...
Sangyun Lee, Duplicate Powers in the Criminal Referral Process and the Overla...Sangyun Lee
 
Understanding the Role of Labor Unions and Collective Bargaining
Understanding the Role of Labor Unions and Collective BargainingUnderstanding the Role of Labor Unions and Collective Bargaining
Understanding the Role of Labor Unions and Collective Bargainingbartzlawgroup1
 
一比一原版(UM毕业证书)密苏里大学毕业证如何办理
一比一原版(UM毕业证书)密苏里大学毕业证如何办理一比一原版(UM毕业证书)密苏里大学毕业证如何办理
一比一原版(UM毕业证书)密苏里大学毕业证如何办理F La
 
Reason Behind the Success of Law Firms in India
Reason Behind the Success of Law Firms in IndiaReason Behind the Success of Law Firms in India
Reason Behind the Success of Law Firms in IndiaYash
 
一比一原版(JCU毕业证书)詹姆斯库克大学毕业证如何办理
一比一原版(JCU毕业证书)詹姆斯库克大学毕业证如何办理一比一原版(JCU毕业证书)詹姆斯库克大学毕业证如何办理
一比一原版(JCU毕业证书)詹姆斯库克大学毕业证如何办理Airst S
 
ARTICLE 370 PDF about the indian constitution.
ARTICLE 370 PDF about the  indian constitution.ARTICLE 370 PDF about the  indian constitution.
ARTICLE 370 PDF about the indian constitution.tanughoshal0
 

Kürzlich hochgeladen (20)

一比一原版(USC毕业证书)南加州大学毕业证学位证书
一比一原版(USC毕业证书)南加州大学毕业证学位证书一比一原版(USC毕业证书)南加州大学毕业证学位证书
一比一原版(USC毕业证书)南加州大学毕业证学位证书
 
5-6-24 David Kennedy Article Law 360.pdf
5-6-24 David Kennedy Article Law 360.pdf5-6-24 David Kennedy Article Law 360.pdf
5-6-24 David Kennedy Article Law 360.pdf
 
一比一原版曼彻斯特城市大学毕业证如何办理
一比一原版曼彻斯特城市大学毕业证如何办理一比一原版曼彻斯特城市大学毕业证如何办理
一比一原版曼彻斯特城市大学毕业证如何办理
 
一比一原版(Warwick毕业证书)华威大学毕业证如何办理
一比一原版(Warwick毕业证书)华威大学毕业证如何办理一比一原版(Warwick毕业证书)华威大学毕业证如何办理
一比一原版(Warwick毕业证书)华威大学毕业证如何办理
 
Cyber Laws : National and International Perspective.
Cyber Laws : National and International Perspective.Cyber Laws : National and International Perspective.
Cyber Laws : National and International Perspective.
 
买(rice毕业证书)莱斯大学毕业证本科文凭证书原版质量
买(rice毕业证书)莱斯大学毕业证本科文凭证书原版质量买(rice毕业证书)莱斯大学毕业证本科文凭证书原版质量
买(rice毕业证书)莱斯大学毕业证本科文凭证书原版质量
 
judicial remedies against administrative actions.pptx
judicial remedies against administrative actions.pptxjudicial remedies against administrative actions.pptx
judicial remedies against administrative actions.pptx
 
一比一原版(TheAuckland毕业证书)新西兰奥克兰大学毕业证如何办理
一比一原版(TheAuckland毕业证书)新西兰奥克兰大学毕业证如何办理一比一原版(TheAuckland毕业证书)新西兰奥克兰大学毕业证如何办理
一比一原版(TheAuckland毕业证书)新西兰奥克兰大学毕业证如何办理
 
一比一原版(UNSW毕业证书)新南威尔士大学毕业证如何办理
一比一原版(UNSW毕业证书)新南威尔士大学毕业证如何办理一比一原版(UNSW毕业证书)新南威尔士大学毕业证如何办理
一比一原版(UNSW毕业证书)新南威尔士大学毕业证如何办理
 
一比一原版(OhioStateU毕业证书)美国俄亥俄州立大学毕业证如何办理
一比一原版(OhioStateU毕业证书)美国俄亥俄州立大学毕业证如何办理一比一原版(OhioStateU毕业证书)美国俄亥俄州立大学毕业证如何办理
一比一原版(OhioStateU毕业证书)美国俄亥俄州立大学毕业证如何办理
 
一比一原版悉尼科技大学毕业证如何办理
一比一原版悉尼科技大学毕业证如何办理一比一原版悉尼科技大学毕业证如何办理
一比一原版悉尼科技大学毕业证如何办理
 
一比一原版(QUT毕业证书)昆士兰科技大学毕业证如何办理
一比一原版(QUT毕业证书)昆士兰科技大学毕业证如何办理一比一原版(QUT毕业证书)昆士兰科技大学毕业证如何办理
一比一原版(QUT毕业证书)昆士兰科技大学毕业证如何办理
 
Career As Legal Reporters for Law Students
Career As Legal Reporters for Law StudentsCareer As Legal Reporters for Law Students
Career As Legal Reporters for Law Students
 
Sangyun Lee, Duplicate Powers in the Criminal Referral Process and the Overla...
Sangyun Lee, Duplicate Powers in the Criminal Referral Process and the Overla...Sangyun Lee, Duplicate Powers in the Criminal Referral Process and the Overla...
Sangyun Lee, Duplicate Powers in the Criminal Referral Process and the Overla...
 
It’s Not Easy Being Green: Ethical Pitfalls for Bankruptcy Novices
It’s Not Easy Being Green: Ethical Pitfalls for Bankruptcy NovicesIt’s Not Easy Being Green: Ethical Pitfalls for Bankruptcy Novices
It’s Not Easy Being Green: Ethical Pitfalls for Bankruptcy Novices
 
Understanding the Role of Labor Unions and Collective Bargaining
Understanding the Role of Labor Unions and Collective BargainingUnderstanding the Role of Labor Unions and Collective Bargaining
Understanding the Role of Labor Unions and Collective Bargaining
 
一比一原版(UM毕业证书)密苏里大学毕业证如何办理
一比一原版(UM毕业证书)密苏里大学毕业证如何办理一比一原版(UM毕业证书)密苏里大学毕业证如何办理
一比一原版(UM毕业证书)密苏里大学毕业证如何办理
 
Reason Behind the Success of Law Firms in India
Reason Behind the Success of Law Firms in IndiaReason Behind the Success of Law Firms in India
Reason Behind the Success of Law Firms in India
 
一比一原版(JCU毕业证书)詹姆斯库克大学毕业证如何办理
一比一原版(JCU毕业证书)詹姆斯库克大学毕业证如何办理一比一原版(JCU毕业证书)詹姆斯库克大学毕业证如何办理
一比一原版(JCU毕业证书)詹姆斯库克大学毕业证如何办理
 
ARTICLE 370 PDF about the indian constitution.
ARTICLE 370 PDF about the  indian constitution.ARTICLE 370 PDF about the  indian constitution.
ARTICLE 370 PDF about the indian constitution.
 

How the Maryland Probate Process Can Affect Your Family