by Jeff Rogyom | Nov 16, 2019 | Maryland Estate Planning, Maryland Trusts
If you have assets you anticipate will increase in value, you can “freeze” the value of those assets for estate tax purposes with an Intentionally Defective Grantor Trust, an “IDGT”. Most wonder why they would want an “intentionally defective” anything, but it... by Jeff Rogyom | Apr 22, 2019 | Maryland Estate Planning, Maryland Probate, Maryland Trusts, Tax - Estate, Tax - Maryland, Uncategorized
It’s common to hear Maryland trust attorneys and others refer to trusts, but you may not know exactly what they are or why they are needed. A trust has a separate legal identity from both the person who formed it and the people it is benefiting, like a corporation or... by Jeff Rogyom | Feb 17, 2019 | Maryland Estate Planning, Maryland Probate
Probate is the process by which a deceased person’s financial affairs are concluded, their debts are paid and then their assets are transferred to their heirs. Because many pass away with minimal assets needing to go through the probate process, the State of Maryland... by Jeff Rogyom | Dec 30, 2014 | Maryland Estate Planning, Maryland Probate, Tax - Estate, Tax - Maryland
If your family will likely incur estate taxes upon your death or want to protect your family after you’re gone, would will want to consider setting up an irrevocable life insurance trust (ILIT). An ILIT provides a way to pass on wealth without incurring estate taxes,... by Jeff Rogyom | Dec 12, 2013 | Maryland Estate Planning, Maryland Probate, Tax - Estate
Many wonder what happens if you die without a Will. Each state, including Maryland, has its own laws that determine what happens to the person’s estate. The differences between each state’s laws do cause confusion, and your assumptions about Maryland’s laws may be... by Jeff Rogyom | Mar 25, 2012 | Business Planning & Corporate Law, Buying & Selling A Maryland Business, Maryland Estate Planning, Tax - Estate, Tax - Federal Income, Tax - Maryland
Business Successions Protecting and transitioning your family’s business Estate Plan & Maryland Business Succession Lawyer Business Successions – Don’t Throw Away Your Life’s Work As the owner of a business, you dedicated countless hours, hard work,...
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