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If you’ve never worked on an estate plan before, the prospect may sound daunting. Many Maryland residents have questions about what they should and shouldn’t do during estate planning. Do make a will Many people wonder when it is they need to consider estate planning....
Being the executor of a Maryland estate can be overwhelming. It’s probably your first - and your last - time acting as executor, so it’s easy to be confused by the terminology and all that goes with the title. Understanding what an executor does An executor is the...
An intentionally defective grantor trust (IDGT) is a tax planning strategy for states which is used to transfer assets to beneficiaries while minimizing gift and estate taxes in Maryland. IDGTs are complex trusts that are often used in conjunction with other trusts,...
If you utilize the right estate planning tools in an optimal way, it may be within your power to provide financial stability and security to your family for generations to come in Maryland. This also applies to anyone in your family who might not be able to support...