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The Weekly Scenario

The Weekly Scenario: Virtual Maryland Wills and Trusts

May 20, 2022 | Share:

Effective April 21, 2022, people can now sign their Maryland Wills and Trusts virtually. Senate Bill 36 is new legislation…

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The Weekly Scenario: Governor Hogan Signed into Law the Maryland Tax Reduction Act on Friday, April 1st.

April 15, 2022 | Share:

The act will cut retirement taxes by eliminating all state tax on the first $50,000 of income for retirees making…

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The Weekly Scenario: New FDIC Rule to Simplify Banking for Trusts

April 1, 2022 | Share:

On January 21, 2022, the Federal Deposit Insurance Corporation (“FDIC”) approved a new rule (going into effect on April 1,…

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The Weekly Scenario: Planning for Diminished Capacity

March 4, 2022 | Share:

There are numerous decisions that must be made when considering an estate plan. One decision to think about is who…

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The Weekly Scenario: Qualities to Look for When Choosing a Guardian for Minor Children

February 24, 2022 | Share:

When you are nominating the guardian of your minor children, the goal is to provide each child as little disruption…

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The Weekly Scenario: Identity Theft and Protection of the Estate

February 4, 2022 | Share:

Stolen identities and fraudulent usage of personal identifying information continues to be a big problem. These concerns grow when an…

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The Weekly Scenario: The Build Back Better Act

January 28, 2022 | Share:

The Build Back Better Act did not pass in 2021. However, this is not to say that Congress won’t try…

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The Weekly Scenario: Three Common Estate Planning Mistakes

January 18, 2022 | Share:

Estate planning attorneys frequently see certain common mistakes in an estate plan. Here are the three estate planning mistakes that…

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The Weekly Scenario: Estate Tax Liabilities – Protecting a Personal Representative When There are Retirement Plan Accounts

January 7, 2022 | Share:

In certain situations where a person has a large retirement plan account, such as an IRA, and a substantial estate…

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The Weekly Scenario: How to Avoid Unintentionally Disinheriting a Family Member

December 24, 2021 | Share:

When an account owner dies, the assets go directly to the beneficiaries named on the account. This overrides the will…

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