Legal Question in Wills and Trusts in Maryland

Is it best to establish a trust for my only granddaughter.I am resident of MD


Asked on 3/21/12, 11:20 am

1 Answer from Attorneys

Cedulie Laumann Arden Law Firm, LLC

Many different types of TRUSTS exist, so it is helpful to first understand your goals/desires, the age of the child, the amount of $ involved and any other factors (like special needs).

A basic trust in a will (effective only after one dies) is often a good idea when minors will inherit assets since it gives some control over when and how they get funds.

Read more
Answered on 3/21/12, 12:15 pm


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Maryland