25+ Years Of Legal Experience
It's never too early to start planning for retirement. In fact, the earlier you start, the better off you'll be. But where do you start? As a Maryland resident, there are certain important things you'll need to consider. Do you have enough savings to retire? The...
Estate planning is something all Maryland residents should do to prepare for the future. Having a will is one of the basic steps to take. This is how you can go about creating one. Choose an executor Choose an executor to handle your estate after you’re gone. You will...
Federal estate tax rates range from 18% to 40%, and Maryland imposes a state estate tax that can be as high as 16%. The Old Line State is also one of only six states that has an inheritance tax on its books. Estate taxes are based on the market value of assets like...
Trust funds have long been a popular way to ensure long-term financial security for generations in Maryland. But did you know that trust fund earnings can also be taxed? Trust fund earnings are taxable as income. To avoid any surprises when filing taxes, it's...
In Maryland, when a person dies, their assets may need to go through a legal process called probate. Probate is proving the validity of a will and distributing the deceased’s assets according to their wishes or state law. One crucial decision during the probate...