Estate owners who pay taxes prior to their estates being executed can help their beneficiaries. Every estate is called to pay taxes, so how much and when is dictated by the estate plan you have as a Maryland resident. A trust is a common estate tool that reduces taxes...
During the last several years, it seems as though more individuals are classified as having special needs. As a result, many Maryland families may be considering establishing a special needs trusts. These trusts are intended to supplement the income individuals with...
Many people enjoy keeping their lives as private as possible. Numerous Maryland residents may believe that their business should remain out of the public eye, and because of this desire, they may have some hesitation when it comes to estate planning. After creating a...
Many Maryland residents often consider leaving some sort of legacy behind after their deaths. For some, simply having children to carry on their name is enough of a legacy, but for others, they may want to take a different route that could benefit their families for...
Having the means to obtain any needed care is often a goal for many older Maryland residents. Because it is common for elderly individuals to need some sort of nursing home stay at some point, planning ahead for such an event could help parties ensure that they and...
For Maryland residents looking to complete their estate plans, finding the best tools for their needs is often a main goal. Utilizing a trust is a route that many individuals take, and this planning tool can offer many benefits. However, it is important that parties...
If the goal of an estate plan is to avoid probate, Maryland residents have a chance to successfully reach this goal. By utilizing the proper planning tools, individuals can allocate their assets in order to eliminate the need for probate. Two main ways that parties...
As March is National Developmental Disabilities Month, many Maryland parents may find themselves considering many aspects of their disabled children's lives. Further still, parents may be considering their own lives and what will happen to their children when those...
As Maryland residents consider how to approach their estate plans, they may find themselves coming across various planning terms. Though some of the terms may seem familiar, gaining a better understanding of other tools and phrases may prove useful. If parties are...
The various estate planning tools available to Maryland residents may have individuals wondering what documents could best suit their needs. Some parties may be interested in creating trusts to address certain needs of their estates. While deciding to utilize such a...
