Maryland increases its estate tax exemption starting in 2015
The estate tax is a tax on property (cash, real estate, stock, or other assets) transferred from deceased persons to their heirs. Only the wealthiest estates in the country pay the federal tax, because the estate’s value must exceed a specified exemption level,...How to make an effective inter visos gift in Maryland
Inter visos is the legal term referring to a transfer or gift made during one’s lifetime, as opposed to a testamentary transfer, which is a gift that takes effect on death pursuant to a Will. Inter visos transfers can be an important part of estate planning. For an...Complimentary Case Consultation
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