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Category: Estate Planning

How is Debt Handled Post-Mortem?

Debt is one of the last things you want to worry about when a loved one passes, but it must be done. Things like credit card debt, medical bills, mortgages, and other amounts owed must

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Estate and Inheritance Taxes in Maryland

Maryland is one of the fourteen states that impose an Estate Tax and one of six states that impose an Inheritance Tax. Unfortunately for Maryland residents, it is one of only two states that impose

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What Does an Estate Planner Do?

Estate planning is an essential part of your financial life as you age. But what does an estate planner really help you with in regards to your end of life planning? Let’s take a look

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3 Major Tasks in Estate Planning

You might not think estate planning is something you need to do until you are older, but if you have family, a home, or any sort of savings, it’s an important plan to put in

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The Different Types of Trusts

Having a Will or a Trust is a key component of estate planning—how much do you know about trusts and what they can do for you? Trust: Defined A trust is a legal document that

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When Do I Need to Worry About a Will?

Having a Will in place prior to your passing can save your loved ones money, months in court, headaches, confusion, and unnecessary stress. So, what is involved in drafting a Will, and when is a

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