Latest Blog Posts

Flexible Tax Strategies Now Needed in Succession Planning for Business Owners

Posted on: July 27th, 2016
Far less than half of all family businesses survive to the third generation, which means that a significant percentage of closely-held businesses are sold at some point during the second generation’s lifetime. Given all of the above, for most closely-held businesses does it still make sense to adopt a strategy of creating minority interest discounts, or is a more flexible tax strategy for succession planning now in order?...

Maryland ABLE Program “Achieving a Better Life Experience” ABLE Act

Posted on: August 12th, 2015
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Restraint And Seclusion Mandate Advances In Senate

Posted on: April 20th, 2015
A plan to rewrite the nation’s primary education law is set to go before the U.S. Senate and it now includes a provision related to restraint and seclusion in schools....

The Executor's $1.2 Million Mistake

Posted on: March 6th, 2015
Here’s a tale of caution about being an executor, the person you appoint in a will to oversee your estate after your death....

Death and War in Families

Posted on: February 10th, 2015
Ever since Leah stole Rachel's promised husband and Cain Killed Abel, sibling rivalry has fostered emotions from anger, jealousy and depression to a lifetime of estrangement. Let the parent of such adult children die and leave a will designating that those adult offspring must settle the estate together as executors or choose one over the others….watch out….World War III erupts. ...

Achieving a Better Life Experience (ABLE) Act and the National Defense Authorization Act of 2015

Posted on: January 30th, 2015
The Achieving a Better Life Experience (ABLE) Act, helps people with disabilities save for health-care costs, housing, lifelong education, and other needs. The National Defense Authorization Act of 2015, and it allows military retirees to name special needs trusts as beneficiaries of their Survivor Benefit Plans (SBP)...
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