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Tag: estate planning

What is a 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

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When Do I Need to Worry About a Will?

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

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How Do I Calculate My Assets?

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

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Estate Planning Tips for Business Owners

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

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What You Need to Know About Estate Taxes

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

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Why Hire a Maryland Estate Planning Attorney

The word “estate planning” sounds like something from medieval England or colonial South—are you picturing plantation homes, castles and unimaginable wealth? However, the definition of “estate” actually goes like this: “the interest of a particular

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