A New Era of Attorneys
By: Jessica L. Estes
The last thing anyone wants when a loved one dies is to be harassed by that person’s creditors. Unfortunately, it happens all too often. The mail comes, and in it, a letter from a creditor expressing their condolences and wanting to know who is responsible for paying the bills. Having just lost a loved one, you are not sure what your obligations are, nor is that your top priority. Likely, you toss the letter aside; you will deal with it later.
By Jessica L. Estes
Effective July 1, 2018, for individuals dying on or after January 1, 2019, the Maryland estate tax exemption will be $5 million. This is a drastic change from the 2014 law that gradually increased the Maryland estate tax exemption each year until 2019 when it was scheduled to match the federal basic exclusion amount.
By Jessica L. Estes
Generally, most people do not have sufficient income or assets to fund their long-term care for extended periods of time. And, most people are not what the government deems “needs-based,” so they would not qualify immediately for any needs-based benefits. Rather, most individuals are somewhere in the middle.Read More
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