Our Ten-Year Anniversary
According to the U.S. Bureau of Labor Statistics, about Sixty-Five Percent (65%) of all new businesses fail during their first ten (10) years. Although the odds may not have been in our favor, this month marks our Ten-Year Anniversary!
Growing Staff and Office Space
We opened our doors on April 17, 2015. In our early days, we only had two employees, including Attorney Clark. Ten years later, we have ten total employees, including three full-time attorneys. As our staff continues to grow, so does our office space. We have even purchased a second office space just across the parking lot from our main office located on West Patrick Street in beautiful downtown Frederick near the courthouse.
Estate Planning and Probate
Our office concentrates exclusively on Estate Planning and Probate matters. Estate Planning is essential for people of all ages and all levels of wealth. Experienced Estate Planning attorneys can assist their clients to develop a strategy that maintains financial security during their clients’ lifetimes as well as ensure the intended transfer of their property and assets at death, while considering the unique circumstances of each individual.
What Happens If I Die Without a Proper Estate Plan
Without a valid Estate Plan, intestacy laws may dictate that your assets will be distributed to your closest living relatives in a predetermined order of priority, which means that relatives with whom you have no meaningful relationship may be legally entitled to your hard-earned life savings. It could also potentially take years for Probate to be over, causing financial strain on surviving family members who may rely on those assets. With a proper Estate Plan, however, Probate may potentially be avoided entirely.
Estate Planning Is More Than Just a Will
People often use the term “Estate Planning” interchangeably with “Will,” but an effective Estate Plan often consists of more than just a simple Will. In fact, there are at least four (4) key documents that are considered essential for an Estate Plan to be complete: 1) Last Will and Testament, 2) Revocable Living Trust, 3) Durable Power of Attorney for Finances, and 4) Advanced Directive.
Our firm will create and tailor an Estate Plan for you and your needs and provide additional instructions to ensure that your loved ones are not burdened by having to go through Probate after you’re gone. No matter the size of your Estate, you will help protect your loved ones from having to expend a considerable amount of time and money navigating through the Probate process.
If you need help protecting your money and loved ones in the event of death or disability, call us at 301-696-0567 or self-schedule online at www.lenaclarklegal.com.