Attestion of a Will in Maryland
For a Will to be valid in Maryland, it must be signed by the person making the Will and two witnesses. Attestation is the act of witnesses in seeing that those things exist and are done which the statute requires. It begins with the testator asking the witnesses,...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,...Why parents with minor children need a Will
According to the September 2014 issue of Money magazine, 61% of parents with minor children do not have a Will. Without a Will, a judge will decide who will raise the minor children if both parents were to perish. With a Will, the parents can name a guardian and an...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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