It is a good idea to have a clear overall strategy when making estate planning decisions. This strategy should play a role when making decisions regarding forming a trust in Maryland or elsewhere. This strategy should consider the questions of who, what and why.One of...
Month: June 2014
Estate tax repeal could affect estate administration planning
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jun 23, 2014 | Estate Administration & Probate
Nobody likes to pay more taxes than they need to. This is why lawmakers were pressured to pass legislation to keep estate taxes low in Maryland and other states. However, there are some who would like to see the estate tax completely removed from the laws regulating...
Clintons utilize trust planning strategy to avoid estate taxes
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jun 18, 2014 | Trusts
Everybody in society needs to pay their fair share; however, nobody wants to pay more taxes than they need to. Bill and Hillary Clinton seem to have taken this approach in their political positions and their personal estate administration plans. As many in Maryland...
Maryland changes estate administration rules for estate tax
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jun 7, 2014 | Estate Administration & Probate
When planning an estate, it is important to be up-to-date with the latest changes in applicable laws. One aspect of estate administration law, which does periodically change, is that of estate tax exemptions. This can be even trickier when a person’s state has...
Digital property important during estate administration planning
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jun 3, 2014 | Estate Administration & Probate
Since their creation, computers have completely changed almost every aspect of contemporary life. Computers have made things more efficient and easier to accomplish in Maryland or in any other state. However, computers have also added complications in some areas of...
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