January 2, 2019
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 […]
September 4, 2018
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 […]
July 3, 2018
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 […]
March 12, 2018
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 […]
December 4, 2017
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 […]
June 26, 2015
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 other important factors you may need to take into account when planning your estate, whether you use a simple Will […]
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