Our parents have always been our protectors and providers, ensuring our safety and wellbeing. But as they age, the tables often turn. Their cognitive abilities may start to decline, making them vulnerable to exploitation. One such unfortunate example is when a seemingly helpful neighbor becomes an opportunistic predator, helping themselves to your parent's hard-earned assets.
As a Maryland-based estate planning law firm, we usually focus on matters directly related to individual and family-oriented legal needs such as tax law, inheritance, and trusts.
As an estate planning law firm in Maryland, we are accustomed to the layers of complexity behind legal documents and agreements. Yet, even we found ourselves intrigued by recent events involving the Baltimore Office of Promotion & the Arts (BOPA) and the Artscape festival.
Whether you've recently married, entered a business partnership, or want to pass your property onto your heirs, you may find yourself needing to add a name to your property deed.
In estate planning, understanding the roles and responsibilities of various legal entities is crucial. Two commonly confused concepts are "power of attorney" and "life estate".
When planning your estate, it's essential to consider all potential tax implications. One tax area that often is overlooked is the life estate remainderman tax.
The year 2023 comes with significant changes in the financial world, particularly regarding long-term capital gains tax. The IRS has made multiple inflation adjustments, including the long-term capital gains brackets, a move that could considerably affect your financial planning, especially if you're planning to sell some investments this year.
When it comes to financial planning and managing your wealth, understanding taxation is crucial. One of the significant taxes that property and asset owners should be familiar with is the capital gains tax.
Starting July 1, Baltimore County residents will experience a 5% adjustment in water usage rates. This change, approved by the city's spending board, is a response to the region's evolving circumstances, including population growth and inflation.
In Maryland, every person carries a unique legacy that transcends beyond their assets. It can be found in their stories, their experiences, and the impact they leave on their communities.
