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...
Ways the Administration Wants to Modify the Tax Rules for Certain Trusts
Taxes are not just for individuals—they can impact certain types of trusts as well. Whether a trust pays its own taxes or whether the taxes are paid...
When a person dies, there are often several tasks that need to be completed to properly wind down their affairs (their estate)—funerals and other preparations need to be planned, bank and investment accounts closed, property transferred,...
May is National Etiquette Month, and the goal is to encourage all people to act with consideration, respect, and honesty in their interactions with others and in their everyday lives.
Etiquette can also play...
When a person dies, what happens next depends on whether the deceased person had any foundational estate planning documents such as a last will and testament (otherwise known as a will) or trust, who the living relatives are,...
