The state of Maryland imposes a tax on estates worth more than $5 million. Furthermore, there is an inheritance tax of 10% that may apply to property worth more than $1,000. However, the state exempts many heirs from the obligation to pay this additional fee....
Estate planning is something that everyone in Maryland should be interested in. No matter how much or how little you own, having a plan for what to do in the event of your death or disability is crucial. It can give your family peace of mind and help them avoid a...
Estate planning is a great way to ensure that your family, other loved ones and business will be okay if you happen to pass away. Here are some common mistakes you want to avoid when putting together an estate plan in southern Maryland. Waiting too long The biggest...
When someone passes away, friends and family in Waldorf, Maryland are left to not only grieve, but also sort through the difficult process of trying to split property assets. A will can provide guidance, but it typically goes through a lengthy probate court proceeding...
If you're like many adults, you might be getting ready to move. With that in mind, some people want to enjoy the fun of living in a new state. As you prepare to do this, it's also important to take a look at your estate plan. Here's more information about what to look...
Most Maryland residents understand that the U.S. has an adversarial legal system. This means that two sides go up against each other, and one comes out victorious. They're competing to win. However, in some kinds of law, that is starting to change. More people are...
Most people in Maryland who are choosing a trustee feel more comfortable with a person they know well. Many even choose a close family member like a sibling. This makes sense because siblings grew up together and know each other's good and bad qualities. What's more,...
When someone passes away, there are lots of things that must get taken care of. If someone you knew recently died in Maryland, you might find yourself in the role of an executor. While this can sound stressful, being an executor is easier when you know what to expect....
Estate planning is one of the most important things any adult can do to prepare for the unexpected. Everyone in Maryland should have at least a will in place. This document allows people to distribute their property to survivors, name a guardian for any children and...
Time and again, it has been proven that mediation works to keep Maryland divorces out of court. However, mediation requires two spouses who are willing to invest the time and money into this form of dispute resolution. Sometimes, one spouse is hesitant to agree to...
