Month: July 2021

Let’s start with the good news. The vast majority of us are not subject to federal estate taxes because the current threshold is $11.7 million for individuals and $23.4 for couples filing jointly.

Unfortunately, the threshold for Maryland’s estate tax is...

A contract is an agreement between private parties that creates mutual legal obligations. There are four fundamental elements necessary to make a contract legally enforceable: mutual assent, adequate consideration, capacity, and legality. The terms “void contract” and “voidable contract” may sound...