(410) 224-7800 • 200 Harry S. Truman Parkway, Suite 320, Annapolis, Maryland 21401
Estate Planning & Trusts
Few spouses recognize that just as you can make annual trust gifts for other family members that are excluded from federal gift and estate tax, you can also make annual tax excluded gifts to your spouse. These spousal tax excluded gifts are often an overlooked opportunity b ...
In late December of 2019, Congress enacted new legislation designed to allow older Americans additional tax-deductible ways to grow their qualified retirement plans. Unfortunately, this Setting Every Community Up for Retirement Enhancement Act (the SECURE Act) ends the righ ...
After enactment of the Setting Every Community Up for Retirement Enhancement Act (the SECURE Act) on January 1, 2020, clients now need to re-examine their estate planning with their advisors with regard to their IRAs and other qualified retirement plans. As we noted in ...
With clients worried about a perceived stock market top in the near term and a potential recession in the next 18 months, it's probably a good time to look at an old favorite in our Estate and Trust planning toolbag: the Charitable Remainder Trust (generally referred to as ...
We previously provided an overview of Charitable Remainder Trusts (CRTs) and suggested that they might be a good strategy to employ to avoid immediate capital gains taxes on appreciated or concentrated marketable securities positions. That overview has sparked a number of s ...
Assisted Reproductive Technology and Estate Planning: When Science Gets Ahead of the Law Traditionally, Americans and the law have thought of families as mothers, fathers and their children conceived by conventional methods and brought to term in the mother’s womb. ...
Each year, the approaching Holidays spark questions about the federal gift tax and its applicability to year-end gifts. We all quite naturally want to make gifts in this season so that we can watch our loved ones enjoy them. For those who can afford to do so, thi ...
This is our third article about the importance of planning for physical or mental disability. In a prior article, we focused on financial management planning alternatives for persons facing potential health crises and incapacity. In our last article, we noted tha ...
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 ...
In our last article, we focused on the importance of lifetime planning for Mature Single Individuals and some of the impediments they face in accomplishing such planning. This article focuses on financial management planning alternatives for persons confronted with potentia ...