"Maryland Estate and Inheritance Tax" by Attorney Nicole Livingston … [Read more...] about Maryland Has Both an Estate and an Inheritance Tax (Audio)
Maryland Estate Tax Exemption To Increase in 2016
Pursuant to House Bill 739, Maryland Estate Tax - Unified Credit signed into law on Mary 15, 2014 by Maryland Governor Martin O'Malley, the Maryland estate tax exemption will gradually increase on an annual basis until it matches the federal estate tax exemption in 2019. To calculate whether or not your estate will owe a Maryland estate tax, you need to determine the fair market value of … [Read more...] about Maryland Estate Tax Exemption To Increase in 2016
Maryland Estate and Inheritance Taxes (Audio)
"Maryland Estate and Inheritance Taxes" by Attorney Nicole Livingston … [Read more...] about Maryland Estate and Inheritance Taxes (Audio)
The Ins and Outs of Gifting
Everyday I meet with families and we discuss the estate planning technique of gifting, which can be a valuable strategy to reduce estate taxes. Gifting can be done on a limited basis or it can be done on a continuous basis as part of an overall plan to reduce estate taxes. Either way it can be relatively easy. Most people have heard that you can give away $14,000 per year per person (this … [Read more...] about The Ins and Outs of Gifting
What Taxes Do I Need to Worry About When I Die?”
As an estate planning attorney, one of the biggest concerns of many of my clients is taxes. There is a lot of misconception about taxes, especially estate taxes, so let’s try to clear some of that up. There are a few taxes that you need to be concerned about when setting up your estate plan. There is a federal estate tax, state estate tax, state inheritance tax, and income tax considerations … [Read more...] about What Taxes Do I Need to Worry About When I Die?”
What Taxes Do I Need To worry About When I Die?
"What Taxes Do I Need To Worry About When I Die" by Attorney Jon J. Gasior … [Read more...] about What Taxes Do I Need To worry About When I Die?
Free Estate Planning Seminars Next Week! Register now!
The estate planning seminars establishes the necessary components of an effective estate plan. The seminar is presented in a case study format profiling the life of Bill and Mary Jones. Several scenarios are used to relay the impact of estate planning issues relating to probate, disability due to incompetence, protection of government benefits for special needs loved ones, second marriages, … [Read more...] about Free Estate Planning Seminars Next Week! Register now!
End of the Year Reminders
As we approach the end of the year, we become busy with holiday celebrations, visits with family and friends, and vacation. Our to-do lists grow longer and many items and resolutions are pushed to the next year. However, it is important to keep in mind various deadlines, whose dates are not as flexible as some of our other goals. Minimum required distributions If you are age 70 ½ and … [Read more...] about End of the Year Reminders
End of the Year Reminders (Audio)
"End of the Year Reminders" by Attorney Brooke J. Shemer … [Read more...] about End of the Year Reminders (Audio)
What Do I Do With My Estate Plan When Moving In or Out of the State
Many of my clients intend to move from Maryland when they retire, either because they own property elsewhere and want to spend their retirement years there, or they want to be closer to children and grandchildren who live out of state. Whether you’re moving out of the state or recently moved to Maryland, it is important to have your estate planning documents reviewed after you’ve settled in a new … [Read more...] about What Do I Do With My Estate Plan When Moving In or Out of the State
