The Different Types of Trusts

August 18, 2017
Estate Planning, Trusts

Having a Will or a Trust is a key component of estate planning—how much do you know about trusts and what they can do for you? Trust: Defined A trust is a legal document that provides for a trustee to hold or distribute your assets both during your lifetime and after your death, and allows […]

What Happens if you Die Without a Will in Maryland?

July 15, 2017
Estate Planning, Wills

Death is not a comfortable subject for most to talk about, but when it comes to making plans for your assets after you pass away, talking about it is a necessity! Specifically, you should be aware of what a Will is and what happens in Maryland if you die without a will. Let’s answer some […]

Legal Aspect of Selling a Business

June 15, 2017
Business Law

So you want to sell your business, but you’re not sure where to start. The legal aspects associated with selling a business might be unknown territory for you. Let’s answer a few common questions to help clear things up: What is a letter of intent? One of the first things you will do when you decide […]

What is a Power of Attorney?

April 27, 2017
Power of Attorney

A Power of Attorney is a legal document in which you grant someone else the ability to make decisions on your behalf if you are otherwise incapable. There are a few different types of power of attorney, and different ways to go about obtaining one. Here are some things to consider. Different Types of Power […]

When Do I Need to Worry About a Will?

March 15, 2017
Estate Planning, Wills

Having a Will in place prior to your passing can save your loved ones money, months in court, headaches, confusion, and unnecessary stress. So, what is involved in drafting a Will, and when is a good time to get started? It is always smart to have your Will ready should something happen to you and […]

How Do I Calculate My Assets?

February 17, 2017
Estate Planning

Your assets are, simply put, everything you have of value. To calculate your assets, you’ll want to add up the value of these things, and to determine your net worth you’ll need to subtract your debts from your assets. Determining your net worth is an important part of estate planning, and sounds overwhelming, but it […]

What is Probate?

January 17, 2017
Wills

Whether a loved one dies with a Will leaving money or property to beneficiaries, or if they die without a Will (“intestate”), an Estate must be opened to transfer their money and property to their beneficiaries or heirs. Dealing with the process for administering, or “probating”, the Estate can be overwhelming and intimidating, and the […]

Is a Will Public Information?

December 14, 2016
Wills

If you are beginning the process of planning your Will, you may be curious who will be able to access it. Wills often contain sensitive or delicate information, so you may be concerned that your family or others can see who is getting what. While the contents of a Will can be kept private during […]

Why you May Need a Lawyer to Start a New Business

December 6, 2016
Business Law

Starting a new business is exciting and frightening, and you may be feeling optimistic and overwhelmed all at the same time. When you have what feels like a million decisions to make and every penny counts, it can be tempting to forgo consulting a business lawyer, but that may not be the most cost-effective decision. […]

Three Non Profit Lawsuits you can Avoid

October 30, 2016
Business Law

Lawsuits are something that can impact any organization, but they can be particularly devastating to a non profit organization. Most lawsuits fit into one of three categories, personal injury, contract issues, and employment law issues. Let’s look at each of these more carefully to better understand how to avoid these common lawsuits. Personal Injury Lawsuits […]

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