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...
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Greenbelt IvyLaw Blog
Why everyone should have a will
It is easy to assume that having a will drafted is something that only wealthy people need to do, but everyone can benefit from having a will. You may believe the purpose of a will is to decide who gets your money or assets after you die. While that is one thing that...
Quick tips about employment visas
Anything that involves dealing with the federal government can seem like a mystery for Maryland residents. The labyrinth of laws and regulations involved in immigration questions, in particular, can seem particularly daunting. For example, employers who are looking...
Three estate planning considerations for business owners
Estate planning is oftentimes more complex than people anticipate. This is especially true for those who have significant assets or own a business. If you’re in the latter group, then now is the time to ensure that you have a solid estate plan in place to ensure that...
What are the positives and negatives of a revocable living trust?
Estate planning can be a confusing topic for many. In Maryland, when considering the options, people may want to stick to the simplest solutions like a will. However, in some instances, more is needed. For those who want to put a document in place where they can...
Guardianship for adults in Maryland
Most of us are familiar with the concept of guardianship for children. Until they reach 18, children are not considered capable of managing their own medical, financial and other affairs, so their parents have a responsibility to take care of these for them. If the...
Is an incentive trust right for your estate plan?
Figuring out how to leave your estate to your loved ones can be difficult to do. You might be worried about fairness or having tough conversations about why you’re not leaving assets to someone who may be expecting you to do so, or you may be concerned about how...
Basic steps in the estate administration process
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...
How do I get my fiancé into the United States?
For reality TV lovers, 90 Day Fiancé is probably within their viewing rotation. This show centers on Americans looking to bring their foreign fiancés into the United States. The 90-day part refers to the K-1 nonimmigrant visa program. Fiancé visas If you are a U.S....
Helping you create and revisit an estate plan
Maryland residents often have plans in place, just in case something happens or goes wrong. An emergency fund could help address medical bills or a new furnace in the home. A retirement account funds your retirement, once you are ready to stop your working days. And...
