Maryland is the only state remaining where residents are subject to three death taxes: the Maryland estate tax, the federal estate tax, and the Maryland inheritance tax. The Maryland inheritance tax is especially tricky. It is an antiquated law, and while there have been carve outs added over the years to exempt groups like lineal descendants and, most recently, registered domestic partners, it … [Read more...] about Adoption and the Maryland Inheritance Tax
Using Life Insurance to Provide Liquidity in an Estate
"Using Life Insurance to Provide Liquidity in an Estate" by Attorney Jon J. Gasior (Audio) Life insurance can be one of the most overlooked tools for estate planning purposes. Oftentimes, younger families will purchase life insurance when they buy their first home or when they have minor children as a way to provide for income replacement if one spouse dies. Occasionally, when those families … [Read more...] about Using Life Insurance to Provide Liquidity in an Estate
Insurance You Need to Protect Your Assets
"Insurance to Protect Your Assets" by Attorney Victor Lembo (Audio) We all want to ensure our families are protected in times of need, as we never know what life has around the next corner. Keeping your money secure can be a challenge, and as estate planning attorneys, Sinclair Prosser Gasior can help make certain that you are taking the necessary steps to protect your family and assets. For … [Read more...] about Insurance You Need to Protect Your Assets
Naming a Beneficiary for Your Life Insurance Policy
If you buy life insurance for your family or are offered free life insurance with your company as an employee benefit, you will be asked to name a beneficiary. The beneficiary is the person who will receive the money upon your death. When you fill out the paperwork, you might not give this much thought. You may automatically write down your spouse or your children. It is worth taking some … [Read more...] about Naming a Beneficiary for Your Life Insurance Policy
The Importance of Funeral Pre-Planning
The importance of funeral pre-planning is often ignored. No one likes to think about death or making final arrangements for themselves or a loved one. However, pre-planning your funeral may be one of the biggest comforts you can give your family at the time of your death. When deciding whether or not pre-planning your funeral is right for you, there are three important factors to take into … [Read more...] about The Importance of Funeral Pre-Planning
Funeral Preplanning (Audio)
"Funeral Preplanning" by Attorney Colleen Sinclair Prosser … [Read more...] about Funeral Preplanning (Audio)
“Beneficiary Designations” (Audio)
"Beneficiary Designations" by Attorney Brooke J. Shemer … [Read more...] about “Beneficiary Designations” (Audio)
Division of Assets: Medicaid Planning for Married Couples (Audio)
"Division of Assets: Medicaid Planning for Married Couples" by Attorney Nicole Livingston … [Read more...] about Division of Assets: Medicaid Planning for Married Couples (Audio)
Checklist for Your Estate Planning Consultation – Audio
"Checklist for Your Estate Planning Consultation" by Attorney Brooke J. Shemer … [Read more...] about Checklist for Your Estate Planning Consultation – Audio
“New Year Resolution” – Audio
"New Year Resolution" by Attorney Colleen Sinclair Prosser … [Read more...] about “New Year Resolution” – Audio



