25+ Years Of Legal Experience
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 an executor is a big responsibility. Not only do you have to manage the deceased's estate, but you also must deal with the financial side. This can be daunting, especially if you need clarification on what expenses you can and can't claim. From managing the...
Dealing with the passing of a loved one is difficult emotionally. On top of that, there are a lot of logistics to work through. For Maryland families, one of those obstacles is filing the final tax return for the deceased. In many cases, the person responsible for...
In Maryland and elsewhere, probate occurs after someone passes away to distribute their assets. These are several reasons why you should avoid the process. It’s public The probate process is public, meaning anyone can see information about it. Anyone can go to the...
When a person passes away, an executor named in the will handles matters related to their estate as it goes through probate. There are certain things that the person appointed to this important role cannot legally do. Influence the testator While the testator is still...
Probate refers to the process of authenticating a deceased individual's will and testament. The probate process in Maryland includes determining asset value, distributing the estate, and paying any remaining bills. Although the process varies depending upon the...
An executor is the person who is appointed to take an individual's will through the probate process after the testator's death. This involves managing the estate, including paying creditors and taxes and distributing assets to heirs. Creditors and heirs in Maryland...
Several different types of assets are passed through beneficiary designation rather than by a will. Maryland residents who are creating or updating an estate plan should be aware of some common errors that people make regarding beneficiary designations so that they...
Getting remarried in Maryland is a joyous occasion for many couples and their families. However, joining two families can bring a host of problems with leaving assets to your heirs, especially if you are older. Carefully review your estate plan Carefully go over your...
Failing to name beneficiary designations in your estate plan can create unintended problems for your loved ones in Maryland. Here are some reasons why naming someone that will inherit your assets should be your top priority. Beneficiary designations reflect your goals...