by O S | Jan 10, 2026 | Uncategorized
Maryland has joined Virginia and the District of Columbia in allowing homeowners to name a transfer on death beneficiary for their real property. Starting October 1, 2026, Maryland homeowners will be able to record a Transfer on Death Deed (TODD) under the new...
by M G | Apr 3, 2025 | Uncategorized
1) Flexibility – The revocable living trust can provide a flexible mechanism for managing assets should a person become incompetent or has diminished capabilities. 2) Avoid probate – probate is a judicial process where a will is reviewed (typically) by a...
by M G | Apr 2, 2025 | Uncategorized
1) No court oversight – If there are concerns over intrafamily suspicions and feuds, or if there may be discomfort of a family member acting as a successor trustee to wind up the affairs of a deceased family member, then judicial oversight may not be a bad idea....
by M G | Apr 1, 2025 | Uncategorized
Beneficiary = Person (or organization) who receives benefits as described in a Will. Bequests = Gifts of money or items of property made in a Will. Cash = All bank and financial accounts which reflect cash investments only. Includes checking and savings accounts, bank...
by M G | Mar 30, 2025 | Uncategorized
Now that you’ve decided to launch your own business, have you decided on the business entity? If not, below please find a simple “pros” and “cons” list to assist you. Sole Proprietorship This is the simplest business entity because you are not required to file any...
by O S | Mar 29, 2025 | Uncategorized
Prenuptial agreements, commonly referred to as “prenups,” are contracts signed by individuals who intend to get married. These agreements outline how property and assets will be divided in the event of a divorce, separation or death of one spouse. While prenuptial...
