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Bankruptcy is a situation, wherein an individual is termed as unable to discharge all the debts. When a person or a company is not able to pay off its creditors, it has an obligation to file a bankruptcy suit. In fact, a bankruptcy suit is a When you work with an attorney, you will have no problem reducing the risks associated with getting your case in front of a judge and jury, or other formal court, when you need to. However, every case is different. It is important to work wi
Individuals at many times do not consider the importance and significance of a Maryland Will or also known as a Maryland Last Will and Testament. This legal document which is created by a Maryland Attorney is absolutely critical and will come to play such an important part in the lives of your heirs and beneficiaries upon your passing. The reason why it is critical has to do with the way the whole judicial process works upon your passing. Should you die without a Maryland Will then your entire estate will be subject to Probate Court. So what happens in probate court you may ask? Probate court is a specific and specialized court that deals with cases related to wills, estates and trusts. The important of probate court is that it is given the responsibility of adjudicating cases where there exists no Maryland Last Will and Testament. So when you pass away without a Will then the courts need to determine who is to receive your assets and possessions. The issue with this is that almost always there are multiple beneficiaries and heirs who believe that they are entitled to such assets in the estate and this will inevitably lead to litigation and court battles in probate court. Along with these court battles will come high legal costs and expenses that could have been so easily avoided. One particular issue that comes up is with charitable organizations. Lets say that you have lived a full life and during this time have developed a particular liking and love for your church. It has always been your desire that once you pass on that half of your total estate upon your death go to your church. The issue that arises in this situation is that if you do not have a Maryland Will created by a Maryland Attorney then there is no clear way of telling whether you truly wanted half of your estate to go to your favorite charity. At the same time one of your beneficiaries may come to court and claim that in fact he is entitled to half of your estate because just before your passed on you had promised him that you would bequeth half of your estate to him. Well, this will inevitably lead to court and in particular probate court. The probate courts are given the responsibility of dealing with issues related to wills, estates, and trusts. The court will have to determine based on the facts of the case to whom you truly desired to give half of your estate to. Well the problem that arises here is the fact that while the case is going up the legal costs and expenses are also going up as well. Had you simply had a Maryland Attorney prepare your Maryland Will then all of these issues could have been solved very easily. You could have had the Maryland Lawyer prepare your Maryland Will in such a manner as to specifically in writing and in clear and concise words describe to whom you would like to leave your estate to. This in effect would solve all of the problems and issues. Article Tags: Maryland Attorney, Probate Court, Could Have
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