Imagine building your own dream team, much like creating a star lineup in fantasy football. Just as each player in a game has unique strengths contributing to the team's success, having a solid team of experts is essential for...
"Trust fund kids" often brings to mind words like "entitled" and "privileged," but it's crucial to look beyond these stereotypes and understand what being a trust fund kid really means. Contrary to common misconceptions, not all trust fund kids...
In today's world, we have easy access to information on the internet, but there are still some misunderstandings about estate planning. Many of us don't take the time to learn about it because we might not realize...
Estate planning is like taking a roll call to make sure everything is in place. Just like you need all your classmates in school, you need specific legal tools for a complete estate plan. These tools help...
Every September, we observe Hunger Action Month, a campaign initiated by Feeding America in 2008 to raise awareness and inspire action against hunger in the United States. Hunger is a critical issue, affecting over 34 million people,...
If you're a grandparent who takes joy in showering your grandchildren with gifts, it's essential to think about these three important factors:
Timing: When do you want to...
As life brings many twists and turns, some couples in Maryland find themselves facing a unique challenge known as "gray divorce." Gray divorce refers to the separation of older couples, usually aged 50 and above, who have...
Guardianship is an important legal concept that ensures the well-being and care of minors, who are children under 18 years old. In Maryland, there are laws and rules that help protect and support minors through guardianship. Let's explore...
When someone becomes an adult, they are usually responsible for making decisions about their own lives. But what happens when a person can't make decisions because of a disability or illness? In Maryland, there is a way to...
Prevent Excessive Accumulation
The Greenbook outlines proposals on several different topics. One proposal that could directly impact your future financial security is the proposal to prevent excessive accumulations of wealth by high-income taxpayers using tax-favored retirement accounts. Tax-favored (sometimes referred to as...
