Blog

How is Debt Handled Post-Mortem?

February 1, 2019
Estate Planning

Debt is one of the last things you want to worry about when a loved one passes, but it must be done. Things like credit card debt, medical bills, mortgages, and other amounts owed must be reconciled, even after the person who acquired them is no longer alive, and this may raise a lot of […]

Estate and Inheritance Taxes in Maryland

January 2, 2019
Estate Planning

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 both (the other is New Jersey), although not every estate is subject to either tax. However, if a deceased person […]

3 Questions to Ask About A Power of Attorney

December 3, 2018
Power of Attorney

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 to do so. A Power of Attorney can be used to make decisions about finances, business, real estate, and other […]

How to Find the Right Personal Representative for Your Will

November 1, 2018
Estate Planning

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 as important as the contents of the will itself. Choose Someone You Trust Though it may seem obvious, you should […]

What is Probate and How Does it Work?

October 4, 2018
Wills

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 understanding of the process, you can ease some of the stress and overall uncertainty of its proceedings. What is Probate? […]

Upcoming Presentations for Effective Business Planning

September 7, 2018
Business Law

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 business planning. Kathleen Rus Esquire will be giving three presentations on “Exit Strategies for Your Business” at Carroll Community College […]

Legal Advice for Putting a House in a Trust in Maryland

September 4, 2018
Trusts

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 a trust is a home. So, let’s take a look at the legal aspects of placing and owing a house […]

Understanding Revocable Living Trusts in Maryland

August 1, 2018
Trusts, Wills

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 Living Trusts and Wills in the State of Maryland. What is a Living Trust? A living trust is a legal […]

What Does an Estate Planner Do?

July 3, 2018
Estate Planning

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 at what an estate planner really does and how their services can benefit you. What is an “Estate”? Your estate […]

Will My Children Inherit my Debts?

May 3, 2018
Uncategorized

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 children will not be personally responsible for your debts, your estate or assets may be subject to those debts, and […]

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