Asset Preservation

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

February 4, 2020
Social Security Scams

Look Out for Social Security Scams

Social Security fraud or scams have become big business for those engaged in this illicit activity. Here are some tips to help protect yourself or loved ones.
November 3, 2019
Taxes & Your Inheritance

Taxes & Your Inheritance

A skilled estate planner can utilize trusts, properly timed gifts, insurance policies, and donations to minimize the taxes owed.
July 10, 2019
Potential Pitfall of Lending Parents Money

Potential Pitfall of Lending Parents Money

Most 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.
March 28, 2019
Estate Planning Disasters

Failing to Plan for Unforeseen Events Can Lead to Disaster

Disasters cannot be predicted but, they occur in everyday life. The question you must ask yourself is, are your affairs in order should you experience a disastrous event?
March 22, 2019
Common Medicare Scams

Common Medicare Scams

Despite the best efforts of the Centers for Medicare & Medicaid Services, recipients of both programs are frequently the targets of various identity theft schemes. Let's review some important tips to be aware of to protect seniors.
February 20, 2019
Social Security

Social Security Disability (SSDI) vs. Supplemental Security Income (SSI)

According to the Social Security Administration, almost 1 in 3 young adults will require benefits before they reach retirement age.
January 15, 2019
Fiduciary Representation in Towson

An Overview of the Maryland Estate Tax

Like its Federal Counterpart, the Maryland Estate Tax (MET) is not collected from every estate passing assets through probate.
January 6, 2019
Tax Deductions

Other New Tax Provisions

This article summarizes several other changes made to the tax code in its first major overhaul since 1986.
December 27, 2018
Internal Revenue Service (IRS) tax changes

IRS Changes for 2018 Taxes

The Internal Revenue Service (IRS) has announced important changes of tax-related provisions for 2018. Here's a summary.
December 5, 2018

An Overview of Social Security

Currently, Social Security provides benefits to survivors, and certain disabled persons, as well as the elderly and helps keep almost 20% of all Americans older than 64 above the government-defined poverty line.
January 4, 2017
Legal Services in Towson, MD

2017 Tax Law Changes and You

Signed 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
April 17, 2015
Ownership of Assets

Ownership of Assets

There 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.
July 9, 2013
Recognizing Senior Financial Abuse

Recognizing Senior Financial Abuse

Senior financial abuse is increasing every year. The abuse can come from family members, friends, care facilities, financial institutions and of course strangers.
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