Sinclair Prosser Gasior

Annapolis Estate Planning Attorneys

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The Ins and Outs of Gifting

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  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

End-of-Life Planning: Estate Planning At Its Core

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  As estate planning attorneys perhaps the most important thing we do for clients is help them face their own mortality and make decisions regarding end-of-life care. A recent article in the New York Times examined this topic. The article explained how decisions regarding end-of-life care can be emotionally (and politically) charged. We do clients a great service by helping them address these … [Read more...] about End-of-Life Planning: Estate Planning At Its Core

4 Important Reasons Why You Need an Estate Plan

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Some believe they have not accumulated enough wealth or assets to warrant an estate plan at the present moment.  In light of the fact that many young people are saddled with debt, either from credit cards or student loans, it may seem unnecessary to formulate a plan that transfers wealth if your liabilities exceed your assets. However, a simple will is important for young couples who have children … [Read more...] about 4 Important Reasons Why You Need an Estate Plan