Monthly Archives: October 2019
Why You Should Consider Forming a Trust
Oftentimes people think that estate planning is an activity for the elite and wealthy. However, visiting with a qualified estate planning attorney can help you understand what options may be available to you, including the formation of a trust. There are multiple benefits that a trust can provide for your family, and for future… Read More »
Social Media Behavior to Avoid During Your Divorce
According to an article in the National Law Review, 81% of divorce attorneys were able to locate incriminating evidence to use against another party on social media. This evidence was able to be presented in court during a divorce proceeding. Using social media as an outlet for your frustration in a divorce or custody… Read More »
Things to Consider When Writing a Will
A will is also known as a “last will and testament” and legally allows you to leave your property to persons or organizations, name a personal guardian for your children, name a person to manage your property, and name an executor after you pass away. If you die without a will in the state… Read More »
Inheritance Tax in Maryland
Estate taxes are imposed when the property you own is transferred to your heirs after your death. Inheritance taxes are the taxes imposed on the person receiving that property, also known as a beneficiary. Maryland is one of only six states in the United State that impose an inheritance tax. Inheritance Tax Law Maryland… Read More »
Understanding Estate Tax in Maryland
An estate tax is a tax imposed on the assets passed from the decedent to his/her beneficiaries after death. While the federal government has its own estate tax, several states also impose an estate tax, including Maryland. However, this tax is only levied when your estate reaches a certain value. Contacting an attorney will… Read More »