In the United States your estate may owe taxes when you die. In 2019, the State of Maryland Estate Tax Exemption is $5 million. The Federal Estate Tax Exemption is $11.4 million. Unless your assets at your death exceed either exemption, your estate does not…
Making good choices in estate planning is crucial. Below is a list of some of the most common mistakes our office witnesses in estate planning. 1. Procrastinating. No plan is perfect, but your best effort is better than no effort at all. Maryland Intestacy and…
People often consider who they want to inherit their estate when they die. Fewer people consider who is going to have the job of handling their financial and legal matters if they should be living, but unable to do those tasks on their own. While…
When considering their Last Will and Testament, people must decide who they want to inherit their estate. Whether it be a spouse, child, other relatives, friend, or charity, most individuals tend to have some idea of desired beneficiaries. Often however, people haven’t considered who is…
People often consider who they want to inherit their estate when they die. Fewer people consider, in the event they create a trust, that they need to appoint someone to be in charge. The person in charge, called a Trustee, has a fiduciary duty to…
The needs of a loved one in a nursing home care can be overwhelming. You have to worry about the medical problems that made it necessary for a nursing home. That person may need extra love or attention acclimating to a new environment. The nursing…
As reported by The Daily Record, Attorney Rick Offutt of Hoffman, Comfort, Offutt, Scott & Halstad scored a significant jury verdict in a personal injury trial here in Carroll County Circuit Court. Attorney Offutt represented a man who had been injured when he fell from…
When your outlook on life changes, your legal needs may undergo a great shift as well. In Maryland, few people have to worry about tax issues when they die, but virtually everyone needs to consider the possibility of a long illness or stay in a…
Whether you are hurt in a car accident, a slip and fall, or another unfortunate situation, consulting an attorney is a wise decision. Good legal advice will help to maximize your monetary awards for your property damage and injuries. Personal Injury attorneys only receive a…
When someone completes an estate plan, they have an excellent grasp of why they signed their Will or Trust and what that accomplishes. As time passes, folks often forget what their estate planning documents control. These documents are intended as the means to distribute assets…
