Estate planning may be a challenging topic for many families, but especially those with parents who may be facing the loss of their competence. The children of these individuals may fear for what will happen upon their loved one's death and dread the estate...
Maryland residents who grew up in the northeast may remember a wealthy businessman popularly known as "Hi Ho" D'Addario. Tragically, he was killed at age 63 in a small plane crash in March 1986. Despite having a will that sought to distribute his estate among his wife...
Estate planning falls solidly into the category of things that we all know we should do, but usually put off. Sitting down and making decisions about the structure of our will, the distribution of our assets, and deciding who to trust to carry out these wishes is not...
Agricultural homesteads in Maryland may find better protection from high estate taxes, according to a new law. The Family Farm Preservation Act was signed in by Maryland Governor Martin O'Malley in an effort to preserve the future of farming in the state and reduce...
As often happens, when a relative passes on, his or her family members more often than not are left with furniture, different types of collections and piles of old books and magazines from their life. Collections and items are difficult to organize. The computer age...
Planning for how your assets will be treated after you pass away is an understandably tricky proposition. That is, it is not always easy to determine how they should be divided among those left behind, which may include a spouse, children, parents and other family...
Recently, we wrote on this blog about how the Maryland legislature is considering changes to the estate tax system that could benefit family farms. However, other bills currently pending legislative action could also help ease estate administration for everyone by...
One of the goals of estate planning is to minimize the impact of taxes while maximizing the size of the estate. This way, heirs and beneficiaries of the estate are not stuck with a tax bill that they cannot pay without liquidating much of what they are supposed to...
As the world mourns the loss of Whitney Houston, her fans have continued to purchase her music, earning money for her estate. Like many celebrity deaths, Houston's posthumous career could continue to make her daughter and other members of her estate a significant...
