LGBTQ estate planning frequently asked questions that we hear the most often from our clients are shared below by our estate planning attorney Richard L. Gershberg. If you are a member of the LGBTQ community and need help creating a lasting legacy for your family’s future, please reach out to our Owings Mills, Maryland office at (410) 654-3850 for assistance with creating a trust. Our office is skilled at helping families learn their estate planning options so that their future and families are protected in any eventuality.
Our caring staff members will listen to your story and provide you with the best estate planning options that pretain to your situation and needs. We take pride in helping everyone who is in need of estate planning assistance. Now, LGBTQ estate planning is estate planning and our staff can help you plan for your future, protect your hard-earned assets, and protect your family if something should happen to you.
Read below for our Frequently Asked Questions on LGBTQ estate planning and contact us for assistance.
Does domestic partnership or civil union provide all the benefits of marriage?
I’m married, why do I need to plan?
Can my spouse or partner handle my financial affairs if I am incapacitated?
Can my spouse or partner make Medicaid decisions for me if I’m sick?
How can I be sure that I will be allowed to visit my spouse or partner in the hospital or assisted living facility?
Can I make decisions about my spouse or partner’s remains?
Will my spouse or partner be appointed guardian of my minor child?
Unless your spouse or partner has adopted your minor children, a court would decide what would be in the child’s best interest. Typically, your family of origin and that of the child’s other biological parent are given preference by the court. However, in your last Will, you can nominate your spouse or partner to be the guardian for your minor child. The court will then give weight to your suggestion while weighing what is in the child’s best interest.
Is there a tax if I give some of my property to my spouse or partner?
Are my estate planning documents a matter of public record?
Do unmarried couples have to plan more than married couples do?
Is a Living Trust a good idea for a LGBTQ person?
For current Estate and Gift tax figures, click here.