Maryland is one of the fourteen states that impose an Estate Tax and one of six states that impose an Inheritance Tax. Unfortunately for Maryland residents, it is one of only two states that impose
A Power of Attorney (POA) is a legal document that gives legal authority to a person (the “attorney-in-fact”) to act on behalf of the principal (the person signing the POA) when the principal is unable
Writing a will is an important part of making sure that your loved ones will be taken care of when you’re not there anymore. Choosing the right Personal Representative (executor) for your will can be
Probate is the process that handles your estate and carries out the provisions of your Will, after you pass away. The probate process can be quite lengthy from beginning to end. By having a better
As an adjunct professor at Carroll Community College, Kathleen Rus Esquire is no stranger to teaching. As an accomplished attorney, she is also no stranger to providing effective strategies for navigating the legal aspects of
A trust is an arrangement that allows the management of property and other assets when the owner of the assets is incapacitated or passes away. One of the most common pieces of property put into
Similar to a Will, a Revocable Living Trust (or “living trust”) is a legal document that controls what happens to someone’s assets when they pass away. However, there are a few key differences between Revocable
Estate planning is an essential part of your financial life as you age. But what does an estate planner really help you with in regards to your end of life planning? Let’s take a look
The average American has over $175,000 in debt. If you’re a parent, the question of what happens to your debts once you pass away has probably crossed your mind more than once. Although generally your
When you need the help of a professional, it’s smart to take some time and evaluate multiple options. This is especially true when it involves seeking out a business lawyer. When you open a business,
