“Thought for the Day” #720 – by Stephen R. Elville, J.D., LL.M.

If you do not have a will, the State of Maryland has a will substitute for you – it is called intestate succession.  The problem is that it may not be the kind of plan you wish to have.  In other words, the laws of intestacy may dictate the distribution of your estate in ways you did not anticipate.  Many people are shocked when they learn about the laws of intestate succession.  Remember to plan by way of your own will or revocable trust, thereby avoiding any big surprises.