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
Prince’s recent death highlights the value and purpose of a Will. A Will is something many people don’t think about until they get older, but at any age it is important to make sure your
When it comes to estate planning, we get a lot of questions from our clients about estate taxes: Who is responsible for paying estate taxes? What is the amount I have to pay? Should I
When we talk about Maryland estate planning, the conversation often revolves around how you can protect your family after you pass away. But what if you don’t have a family? Everyone’s circumstances are different, and
As Maryland estate planning lawyers, we often find that when people talk about estate planning, they usually think of a Will and what happens to their property after they pass away. However, death is not
If you’ve researched estate planning in Maryland, you have probably come across the term “probate.” In fact, you may have read numerous articles describing probate as something you should avoid at all costs. But is
As a savvy business owner, you probably understand the importance of estate planning and hopefully already have a Will or a Trust. But what about your business? What happens to it if you unexpectedly pass
You may not think of it as an estate in the “Michael Jackson’s estate” sense, but you do have one. Money in your bank account, a car, a home, investment property—all are part of your
Estate planning is complicated enough for an average U.S. Citizen, but when you add non-citizen relatives to the mix, it can get outright confusing. Maybe you are married to a non-citizen and want him or
It can be hard enough to plan your estate, but then you realize that you may also have to worry about estate taxes! There are federal estate taxes, Maryland estate taxes, Maryland inheritance taxes, and
