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3 Common Mistakes Made in Estate Planning

November 4, 2019
Estate Planning

Estate planning isn’t an easy process to navigate on your own. If you don’t know what you’re doing, you could make mistakes that could end up costing you both time and money. Working with a reliable estate planning lawyer is your best course of action. Here are the most common mistakes people make that can […]

3 Major Tasks in Estate Planning

March 12, 2018
Estate Planning

You might not think estate planning is something you need to do until you are older, but if you have family, a home, or any sort of savings, it’s an important plan to put in place in your adult life. Let’s go over the 3 most important tasks in estate planning: Task #1: Count Your […]

What Kinds of Taxes are Applied to Estates?

December 4, 2017
Estate Planning

Estate planning can be a difficult process if you’re not well versed in the laws and regulations surrounding the passing of your property and assets after death. So with this in mind, let’s learn more about estate taxes in Maryland! What is Estate Tax? If the value of an estate exceeds a limit set by […]

What Happens if Someone Passes Away who has Debt?

October 10, 2017
Estate Planning

Whether you’re concerned for an aging family member who has debt, or are planning for your own future, understanding what happens to debt after a person passes away is helpful. Let’s find out more about what happens if someone passes away who has debt. Common Debts Credit card and mortgage debt are the most common […]

The Second Biggest Mistake In Estate Planning

February 24, 2015
Estate Planning

Recently, a client came to me with an unfortunate situation—his mother had died, leaving him her house. Although the house had been appraised at $350,000 when he inherited it, at sale two years later the house only brought $300,000. This was bad enough, but at least he got a $50,000 tax loss on the sale, […]

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