Estate Tax Law

2018 Tax Update

2018 Tax Update

  Changes in the income tax for 2018 will affect many of our clients. Here are the limits the estate and gift tax numbers for 2018: The annual gift tax exclusion is $15,000 The Federal Estate tax exemption is $11,200,000 The Maryland Estate...

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Powerball Winner

In the days leading to the $1.6 billion Powerball jackpot many of my clients advised me that they would be retaining me once they had the winning numbers. None of them called as winners, but it is encouraging to know my clients realize that huge...

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Estate Tax Law Changes

I receive plenty of inquiries on my opinion on how to plan with the expiration of the $5,000,000 Federal Exemption on December 31, 2012. My advice to most clients is that they should be planning to avoid the Maryland Estate tax which starts at a...

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