Category: Estate Planning FAQ

Let’s start with some context. First, as we have noted in previous blog posts, probate is a court-supervised process whereby an individual’s debts are paid and the remaining assets are distributed to beneficiaries after the individual in question passes away....

As the name implies, a demand letter “demands” that the letter’s recipient take specific actions to resolve a conflict. Demand letters are frequently used by businesses to demand restitution or the payment of a debt, and they often serve...

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...

One of the more common misconceptions about trusts is that they are only for celebrities and the wealthiest of families. Not so. Trusts can accomplish a wide range of planning objectives, many of which apply to “regular folks.” Let’s look at few examples.

Probate is a legal process whereby an individual’s...

If you have lost a loved one due to COVID-19, FEMA now offers financial assistance for funeral expenses. Assistance is available retroactively for funeral expenses incurred after January 20th of last year.

To be eligible for assistance from FEMA, your loved one must have passed away in the United States (including...