Asset Preservation

Each client is unique. They have different goals, own assets worth different amounts, and have varying levels of comfort.

At Abraham & Bauer, we take an individualistic approach to Asset Preservation. Mr. Abraham works to educate each client about the different strategies that can be implemented to protect themselves and their possessions.

There are various approaches to preserving assets from being negatively impacted by tax matters including federal and Maryland estate taxes.

Mr. Abraham tailors every asset preservation plan to accommodate the situation and goals of each individual client.
Concept photo of Asset Preservation - A personalized approach to protect our clients and their possessions. Each client is unique.

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  • Potential Pitfall of Lending Parents Money Potential Pitfall of Lending Parents MoneyMost people want to help their parents as they age. However, and in addition to potential Medicaid penalties, there is a large risk many adult children do not consider when loaning their parents large sums for temporary financial support: the state may take the money instead of allowing them to be paid back.
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  • Other New Tax Provisions Other New Tax ProvisionsThis article summarizes several other changes made to the tax code in its first major overhaul since 1986.
  • IRS Changes for 2018 Taxes IRS Changes for 2018 TaxesThe Internal Revenue Service (IRS) has announced important changes of tax-related provisions for 2018. Here’s a summary.
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  • 2017 Tax Law Changes and You 2017 Tax Law Changes and YouSigned into law on December 22, 2017, the Tax Cuts and Jobs Act of 2017 contained several provisions that affect the majority of Americans, especially seniors. General provisions include: reduction in the overall tax rates and adjustments to the brackets that determine how much income tax an individual pays, a new $10,000 cap on State and Local tax deductions, and ...
  • Ownership of Assets Ownership of AssetsThere is a common misconception that all real and personal property will pass through an individual’s estate upon his or her death. Though, some assets avoid the probate process altogether depending on how the property is titled.
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