Attention Marylanders: significant changes are pending concerning how estates are distributed for those who pass away without a will. The most prominent shift revolves around provisions for surviving spouses.
In Maryland's neighboring landscape, amidst the sprawling urban sprawl, lies a sanctuary that whispers ancient tales. The National Bonsai Museum, though technically in D.C., is a stone's throw from Prince George’s County and stands as one of the area's best-kept secrets.
In the vast realm of estate planning, there's one tool that stands out for couples looking to manage and protect their shared assets: the joint revocable trust. The term may sound complex, but its implications for couples, especially those with significant combined assets, are profound.
In recent years, a new term has arisen in the context of marital dissolution: "gray divorce." This term, reflecting more than just a catchy phrase, signifies the increasing rate of divorces among older adults, typically those over 50.
A recent case from our neighbors to the north has brought to light an interesting perspective on how our digital world is increasingly permeating legal landscapes. A Canadian judge ruled that a thumbs-up emoji, a commonplace sign of approval in digital communication, can be as legally binding as a traditional signature.
As parents, we set the stage for our children's future, often in ways we may not even realize. We understand the importance of role modeling when it comes to teaching manners or empathy, but what about in areas like financial responsibility and planning for the future?
Let's face it: tax law can be confusing. But when it comes to understanding inheritance tax and estate tax, it doesn't have to be. As a Maryland Estate and Trust Law Firm, we're here to simplify these concepts for you, ensuring you can make informed decisions about your financial future.
State agencies, though primarily established to serve the interests of citizens, can sometimes be found on the opposite side of the fence. Case in point: the recent battle Maryland families had to fight to protect their children's educational future.
In 2018, the world lost a music icon, Aretha Franklin. Not long after her death, her family and the public learned that she had left behind handwritten wills, one of which was found in the cushions of her couch.
