Maryland parents who end their marriage will need to negotiate a variety of matters related to the upbringing of their children as part of their divorce settlement. An important expense parents will need to contend with is related to educational costs and which parent...
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Month: August 2022
What is the importance of beneficiary designations?
One of the most important aspects of estate planning in Maryland is ensuring that chosen people inherit your estate. To ensure your assets are distributed as you desire, you need to check that your beneficiary designations are up to date and changed as situations are...
Devising an effective parenting plan
An essential element in many divorce proceedings is a parenting plan, a written proposal that covers many parental duties and responsibilities. Hopefully, if the parents agree to the various parts of the plan, there will be fewer conflicts over child custody and...
How to close an estate in Maryland
Among the many fiduciary duties of an executor in Maryland is the closing of an estate. This process is as important as distributing assets and paying the deceased's death taxes because it marks the official end of the probate process. Understanding what it means to...