Things to Know About Maryland Estate Taxes and Fees
Are you dealing with the probate process in Maryland? If so, it’s important to understand the state’s estate taxes and fees. This guide will help you navigate the complexities of Maryland’s probate process, including the various taxes and fees you may encounter. What Are Estate Taxes? Estate taxes are a tax on the transfer of
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Valuing Assets in Your Estate
When it comes to planning for the future, it’s essential to consider what will happen to your assets. The process of valuing and distributing assets after death is known as probate. It can be a complex and daunting task for those unfamiliar with the process. In Maryland, probate is governed by state law, and the
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What Needs to Be Appraised Under Maryland Estate Law
When a loved one passes away, it can be a difficult and stressful time. In addition to dealing with the emotional aftermath, there are also legal and financial issues that need to be addressed. One of the most important aspects of the probate process is appraising the decedent’s assets. In Maryland, there are specific rules
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Closing an Estate in Maryland
Closing an estate in Maryland can be a complicated process. There are many legal and financial issues that need to be addressed. Accordingly, it’s important to work with an experienced Maryland probate attorney who can guide you through the process. This guide will provide an overview of the steps involved in closing an estate in
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Choosing Beneficiaries for Your Estate
When planning your estate, one of the most important things to think carefully about is who you want your assets to go to after you pass. For some people, the answer may seem easy – a spouse, child, or close friend, perhaps. For many others, it’s more complicated than that. Some people have multiple children
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How to File and Defend Against Claims in Maryland Probate
When a loved one passes away in Maryland, the process of settling their estate, known as probate, can be complex and challenging. During this time, understanding how to file and defend against claims in Maryland probate is crucial to ensure a smooth and just resolution of the estate. Accordingly, it’s crucial to work with a
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Planning for Digital Assets in Maryland Probate
From online banking and social media accounts to email and cloud storage, we accumulate a significant amount of digital assets throughout our lifetime. These digital assets can pose unique challenges when it comes to estate planning and probate in Maryland. In this post, we’ll explore the importance of planning for digital assets in Maryland probate
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Maryland Wills and Estates: Frequently Asked Questions
If you are considering estate planning in Maryland or are dealing with the Maryland probate process, you might be feeling a little overwhelmed. There are lots of forms that must be signed, assets to value, documents to file, and much more. With the help of an experienced Maryland probate attorney, navigating this process is a
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The Phases of the Probate Process
The probate process can be confusing for those dealing with a loved one’s estate after they’ve passed. Assets must be legally divided, creditors must be notified, accounts must be properly closed, and much more. Fortunately, an experienced local probate lawyer can help guide you through probate and ensure your loved one’s wishes and intentions are
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Glossary of Important Probate Terms to Know
Probate is the legal process for settling the estates for people who pass away. This includes authenticating a will (if there is one) and naming the executor, who will then distribute the deceased’s property and belongings. However, if there is no will, it’s up to the courts to handle these proceedings and make decisions about
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