Estate planning consists of making preparations for distribution of a person's assets after he or she dies. Most people in Maryland look at assets as tangible physical items, such as houses, real estate or even cash money. However, people tend to overlook digital...
Month: May 2013
Estate administration plans should consider all possibilities
On Behalf of The Law Office of Morrison & McGrew, P.A. | May 20, 2013 | Estate Administration & Probate
Life is full of the unexpected. However, this can also be true about death, especially when attempting to make plans for estate administration in Maryland or in any other state. Although it is impossible to tell the future, a good estate plan should consider as many...
Planning estate administration not only for wealthy in Maryland
On Behalf of The Law Office of Morrison & McGrew, P.A. | May 13, 2013 | Estate Administration & Probate
There has been plenty of talk among financial professionals regarding the new changes to the federal estate tax and how it will affect those planning their estates. The new law has set the federal exemption for the estate tax at $5.25 million for individuals and $10.5...
New estate administration laws could change planning strategies
On Behalf of The Law Office of Morrison & McGrew, P.A. | May 9, 2013 | Estate Administration & Probate
Planning for retirement is important for people who want to ensure comfortable living during the final years of their lives. However, changes in estate administration laws can make planning for retirement more challenging in Maryland and elsewhere. The recent budget...
Just having a will: Is it enough for estate planning in Maryland?
On Behalf of The Law Office of Morrison & McGrew, P.A. | May 6, 2013 | Wills
When a person dies, that person's property and assets will need to be distributed to their rightful heirs. However, if one has failed to do proper estate planning preparations the state of Maryland will decide how to divide the decedent's estate. Most people would...
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