Posts by Steve Shane, Esq.
The Weekly Scenario: Federal Estate Tax Exemption in Maryland & D.C.
Question: Will Maryland and/or D.C. follow the increase in the federal estate tax exemption? Answer: Yes, residents of Maryland and…
Read MoreThe Weekly Scenario: Estate Planning Without A Will
Question: My dad mentioned to me that he would like me to have his house when he passes away. I…
Read MoreThe Weekly Scenario: Are There States That Still Have An Estate Or Inheritance Tax?
Question: Are there states that still have an estate or inheritance tax? Answer: There are now 18 jurisdictions (17 states…
Read MoreThe Weekly Scenario: Tax Cuts and Jobs Act
Question: How did the Tax Cuts and Jobs Act passed on December 22, 2017 affect federal estate, gift and generation-skipping…
Read MoreThe Weekly Scenario: Young Individuals Funding a Roth IRA
Question: My 16-year-old daughter has a part-time job at a clothing store. As the saying goes, though, she is spending…
Read MoreThe Weekly Scenario: Family member as Trustees
Question: Should I name a family member as Trustee for trusts I set up for my children? Answer: It is common…
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