by Stewart Sutton | Nov 17, 2014 | Uncategorized
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,...
by Stewart Sutton | Jun 13, 2014 | Uncategorized
After your Will has been executed, you need to store your Will in a safe place, such as a fire-proof safe at home or a safe deposit box at a bank. There is a third option. I recommend that you deposit your Will for safekeeping with the Register of Wills. ...
by Stewart Sutton | Jun 13, 2014 | Uncategorized
For a Will to be valid in Maryland, it must be signed by the testator and then by two witnesses. This process is known as attestation. It begins with the testator asking a witness, either by words or by deeds, to sign the Will. The witness then attests by observing...
by Stewart Sutton | Jun 3, 2014 | Uncategorized
More than half of adults living in Maryland do not have a Will. This leaves their estate plan in the hands of Maryland’s intestate succession law, which will distribute their property according to an inflexible schedule as follows: IF YOU ( DECEDENT) ARE...