25+ Years Of Legal Experience
For many Marylanders, among the goals of careful estate planning are minimizing estate taxes (federal and state) and helping pay for the escalating costs of a good college education for their children or grandchildren. A 529 education savings plan can help accomplish...
There are all kinds of reasons that one spouse may want to disinherit another – but Maryland has taken steps to make sure that surviving spouses receive a fair portion of their deceased spouses’ estates – even when steps have been taken to do otherwise. In Maryland, a...
Being the executor of an estate (or personal representative, as it’s called under Maryland law) can feel like a thankless job. Whether you’re a relative of the deceased dealing with your own family or you’re dealing with people you don’t know well, you may feel like...
When you’re putting your estate plan together, one of the things that you may choose to do is to establish advance directives regarding your end-of-life care. These are designed to guide doctors and hospitals about your medical wishes, should you ever be unable to...
Trusts can be a valuable tool for estate planning, providing flexibility, control and privacy over the distribution of assets. One option to consider is a generation-skipping trust, which allows assets to be passed down to grandchildren or even further generations,...
If you draft a will, you may end up doing it well in advance. Maybe you’re just in your 50s, and you expect to have 25 or 30 more years of life ahead of you. But you know that it’s wise to create an estate plan in advance, so you go ahead and do so. One important...
Estate disputes can be very devastating for a family. In some cases, the hard feelings last long after the dispute has been resolved. Some siblings have a falling out that is so serious that they may never talk again. But why does this happen? If you’re making an...
Drafting an estate plan offers numerous benefits, but not every adult American has one. According to Caring.com's 2024 survey, only 32% of Americans have a will. People have different reasons for not having a will, with the common ones being they don't believe they...
Estate planning does many things – but it’s primarily a way to make things easier for your loved ones after you’re gone and make sure that your final wishes are respected. With that in mind, many seniors are looking harder than ever into prepaid funeral plans. These...
Chances are you’ve thought about what will happen to your property and assets after you pass away. Many people in Maryland choose to create a will to have their property and assets distributed to loved ones after they die. However, a living trust is another facet of...