As of October 1, 2023, a new form of the Maryland Statutory Financial Power of Attorney went into effect. The new law expands your agent’s powers which include, but are not limited to, the ability to (i) appoint a successor agent; (ii) make gifts on behalf of the...
As of October 1, 2023, Maryland law allows any two unmarried adults to become registered domestic partners by filing a Declaration of Domestic Partnership with their local Register of Wills. This law is substantial in that it allows the surviving registered partner to...
Effective January 1st , 2024, the IRS made updates to both federal gift and estate tax exemptions which provides a unique opportunity to improve your estate plan. When a person gives money or property to someone other than a spouse or dependent, that person may be...
Recent studies have shown that green burials, or natural burials, are slowly growing in popularity as an alternative to conventional burial or cremation. A green burial is a more environmentally friendly form of burial that does not involve chemicals or concrete...
An often overlooked and useful estate planning tool is a Power of Attorney for Minor Children. This document authorizes a temporary guardianship arrangement between the parent(s) of a child under the age of eighteen (18) and an appointed guardian (agent or...
Most people have heard of estate planning and its general importance, but not everyone is aware of what the planning actually requires. Estate Planning ensures that your loved ones and assets are protected in the event of your death or incapacity so it’s equally as...