Whether a couple is married, in distinction from merely living together, provides certain benefits under the law of estates and trusts. For state and federal estate taxes, for example, assets passing to one’s spouse are exempt from tax. Subject to important exceptions, the various states define what constitutes a “valid” marriage. Thus, the Supreme Court…

Storm Clouds For Certain Business Succession Planning A 2021 Maryland Court of Special Appeals decision questioned whether a common provision in an LLC operating agreement is enforceable or whether such a provision must conform to the Statute of Wills.  The decision has important implications for the owners of small, closely held businesses and their advisors.…

Death taxes, and political arguments over such taxes, rival death itself as one of life’s certainties. In 21st Century America, of course, the federal estate tax is a perennial political hot potato in most national elections, and post-election, remains so. We are amidst intense political turmoil, in general, with the debate on federal estate tax…

Unlike other forms of providing for the financial management of the assets of someone with diminished capacity, a guardian’s freedom to act is strictly monitored by the Maryland court. Other disability planning techniques, such as trusts or powers of attorney, are created by the person while competent to act and can be designed as largely…

A recent reported Court of Special Appeals case clarified how the statutory 6-month claim period works for Medicaid reimbursements from the deceased recipient’s estate. Maryland Department of Health v. Myers, Court of Special Appeals, No. 3168, September Term 2018, 2020 WL 7395536 (December 17, 2020). The statutory interpretation should inform decisions by any personal representative…

While going through the COVID-19 pandemic, many states that did not previously allow remote notarizations have taken emergency executive action to enable notaries to perform notarial acts remotely using audio visual technology. While these orders have provided a solution to attorneys looking for safe ways to continue their practices, they have not been without drawbacks.…

Appointing a guardian for a disable person requires a court proceeding. Often, when a guardian is needed for a family member, there is general agreement who should become the guardian. To have that person appointed guardian, however, a court proceeding is still required. Often if a family is acting in the best interest of the…