"Differences Between Maryland Inheritance Tax and Estate Tax" by Attorney Jon J. Gasior … [Read more...]
Myths and Facts about the Maryland Inheritance Tax
As we work hard to build financial security and to leave a legacy, we do not want our estates to be subject to heavy taxation. However, Maryland may assess an inheritance tax when certain individuals inherit money or property after a death. Inheritance taxes are not common, and Maryland is one of just two states within the United States that collects both an inheritance tax and an estate … [Read more...]
Myths and Facts about the Maryland Inheritance Tax (Audio)
"Myths and Facts about the Maryland Inheritance Tax" by Attorney Victor A. Lembo … [Read more...]
Maryland Has Both an Estate Tax and an Inheritance Tax
Maryland has its own estate tax separate from the federal estate tax. On May 15, 2014, Maryland Governor Martin O’Malley signed House Bill 739, Maryland Estate Tax – Unified Credit – into law. With this law, the Maryland estate tax exemption will gradually increase on an annual basis until it matches the federal estate tax exemption in 2019. To calculate whether or not your estate will owe a … [Read more...]
Maryland Has Both an Estate and an Inheritance Tax (Audio)
"Maryland Estate and Inheritance Tax" by Attorney Nicole Livingston … [Read more...]
Maryland Estate Tax Exemption To Increase in 2016
Pursuant to House Bill 739, Maryland Estate Tax - Unified Credit signed into law on Mary 15, 2014 by Maryland Governor Martin O'Malley, the Maryland estate tax exemption will gradually increase on an annual basis until it matches the federal estate tax exemption in 2019. To calculate whether or not your estate will owe a Maryland estate tax, you need to determine the fair market value of … [Read more...]
Maryland Estate and Inheritance Taxes (Audio)
"Maryland Estate and Inheritance Taxes" by Attorney Nicole Livingston … [Read more...]
What Taxes Do I Need to Worry About When I Die?”
As an estate planning attorney, one of the biggest concerns of many of my clients is taxes. There is a lot of misconception about taxes, especially estate taxes, so let’s try to clear some of that up. There are a few taxes that you need to be concerned about when setting up your estate plan. There is a federal estate tax, state estate tax, state inheritance tax, and income tax considerations … [Read more...]
What Do I Do With My Estate Plan When Moving In or Out of the State
Many of my clients intend to move from Maryland when they retire, either because they own property elsewhere and want to spend their retirement years there, or they want to be closer to children and grandchildren who live out of state. Whether you’re moving out of the state or recently moved to Maryland, it is important to have your estate planning documents reviewed after you’ve settled in a new … [Read more...]
What Do I Do With My Estate Plan When Moving In or Out of the State
"What Do I Do With My Estate Plan When Moving In or Out of the State?" by Attorney Brooke J. Shemer … [Read more...]
