Probate can be an emotional process for all involved. As an executor, it is important to approach the task with sensitivity. One aspect of this responsibility is the treatment of beneficiaries. How you handle communication during probate can greatly impact the...
An inheritance can be a financial boon during a time of grief, but sometimes it can come at a price. In Maryland, the price is a tax levied against your inheritance. This is referred to as an inheritance tax. You may have heard of the federal estate tax, but not state...
If you are appointed a personal representative for someone who has passed away, it is your responsibility to administer their estate. You may feel overwhelmed by the process and the numerous requirements involved. The estate administration process in Maryland involves...
When we think about estate planning, we tend to think of it as an activity for people who are older. We think trusts and wills are for people who have accumulated assets and reached a certain stage in their life when they need to think about what should be done with...
In January, we reported how the deaths of NBA legend Kobe Bryant (Kobe) and his 13-year-old daughter, Gianna, in a helicopter crash demonstrated the vital need for estate planning for people of all ages. At the time, little was known about the planning strategies Kobe...