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.
The Sandwich Generation, a term coined to describe adults who are concurrently caring for their children and aging parents, face unique challenges. They must balance the complex needs of two disparate generations while also maintaining their own well-being.
Hobbies and interests, whether they involve collecting rare stamps, playing vintage musical instruments, restoring a classic car or wielding handcrafted tools, often lead to the accumulation of valuable items over time.
In the realm of property ownership, encountering unlawful occupants—be it tenants, estranged relationships, or even one’s own children—can be both a complicated and frustrating experience. An individual may occupy your property against your will, with no lawful right to do so, and may steadfastly refuse to leave.
The amount that a surviving spouse can claim of the estate of a deceased spouse depends on the laws of the state where the couple resided. In Maryland, the concept of elective share provides certain rights to a surviving spouse, regardless of what the deceased spouse's will stipulates.
Do you know if your parents have a will? According to recent studies, 2 out of 3 American adults do not have an estate plan in place. As our parents age, the importance of having a well-crafted estate plan becomes increasingly crucial to ensure their wishes are honored and their assets are protected.
We can’t predict tragedy, but we can prepare for unforeseen events in life. At any moment, we can find ourselves in terrible circumstances requiring medical attention, or even facing a planned medical procedure. In these situations, it is important to have your legal affairs in order to protect your loved ones and your assets.
