As we live longer, we face an increased likelihood of physical or mental disability. In our last article, we focused on financial management planning alternatives for persons confronted with potential health crises and incapacity. While financial management is im ...
2018 Estate and Trust Tax Planning
Inflation Adjustments and Initial Observations on the 2017 Tax Act’s Impacts: In late October, the Internal Revenue Service issued its inflation-adjusted exemptions, exclusions and tax brackets to be used for 2018 federal tax returns. See generally, Internal Revenue Notice 2 ...
Transferring Motor Vehicles To Living Trusts
Motor Vehicle Transfers to Maryland Revocable Living Trusts A question often arises when funding a new or existing revocable living trust (“living trust”) whether the trustmaker should retitle his or her motor vehicles to the trust. Two recently enacted Maryland laws have ad ...