25+ Years Of Legal Experience
In Maryland, inheriting assets from a loved one can be a blessing but may involve specific tax ramifications. You may not have a clear answer on whether you owe taxes on your inheritance since it depends on several factors. The following points can provide insight...
Many Maryland estates end up going through probate. This is a long process that can prolong inheritances being distributed to their rightful beneficiaries. A probate loan can help; this is what it is and how you can obtain one. Understanding probate loans A probate...
When a Maryland resident passes away, the person appointed to administer their estate contacts the three main credit reporting agencies. This is done to notify the agencies about the death and obtain a copy of the decedent’s Experian, Equifax and TransUnion credit...
Most estate matters in Maryland can be administered with relatively few snags and setbacks. However, there are times when unexpected complications can arise. For example, there are circumstances when one's personal and professional interests diverge. What is a...
Everyone has heard the word "probate" and understands it relates to inheritance. Most people, however, do not know how probate works or how it may apply to them. Maryland residents facing a probate case should understand what probate is, how it works, and how much it...
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...
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...
Nobody wants to worry about debt after a loved one passes away. Unfortunately, if a person dies while still owing debt, their creditors will try to claim the money that they are owed. The Maryland probate process dictates how these debts are handled. The probate...
Assets held within a Maryland estate at the time of a person's death will likely be subject to state probate laws. An executor, beneficiary or another party may decide to hire an attorney to help represent the interests of the estate throughout the probate process....
Are you thinking about buying a real estate property from a probate sale? This type of sale is different from the usual type that is conducted by a private seller. If you live in the state of Maryland, there are a few crucial details to consider. What are the basics...