Estate Planning

2018 Legislative Update

After Congress passed the Tax Cut and Jobs Act of 2017 the Comptroller’s Office came up with estimates of substantial revenue increases for Maryland as the loss of deductions on the Federal return carried over to State return. The Comptroller’s...

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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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Precision Counts

Precision Counts

The activities surrounding Service Academy football games often gather more interest than the game itself. Parachute team members guide themselves to mid-field after the jump master determines wind conditions for the ideal place and altitude to...

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Will for Heroes 2016

Will for Heroes 2016

I spent yesterday at the Bethesda-Chevy Chase Rescue Squad building as a volunteer at Wills for Heroes. In the morning I taught the basics of the law behind a will and probate administration to volunteer lawyers whose daily practice is in other...

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Finding a Financial Advisor

A large percentage of my clients have financial advisors. Younger clients are reminded by the advisors to have a will, power of attorney, and advance medical directive prepared. Older clients come in with larger estates thanks to steady investing...

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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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