How does the Probate process begin? What are Letters of Administration? How much will Probate fees cost? We answer these and other frequently asked questions about the Maryland Probate Process in this helpful resource.
The concept of portability relates to the carryover of the estate tax exemption from the first spouse to die to his or her surviving spouse. This resource examines portability elections, including how to make a portability election, what happens if a spouse remarries and more.
It is important for your named beneficiaries on investment assets to match your estate plan. Learn why such consistency matters and other considerations for naming an account beneficiary.
Paying attention to the statutory requirements for your Will in Maryland, Virginia or D.C. can help you begin to analyze whether your Will meets legal requirements to have it carry out your wishes following your passing. Depending on which state you live in, find the answers to: Who can make a will? How must the will be made? And, how must it be executed?
Estate planning can be a complicated process, made more so by the many terms not used in everyday interactions. The following definitions will help you understand legal terms and phrases which are relevant to wills, trusts, probate and the estate planning process.