What Are the Common Grounds for Contesting a Will?

In our experience at Powers & Worshtil, P.C., we’ve found that understanding the grounds for contesting a will is crucial for our clients in Maryland. It’s a topic that touches the lives of many, often during times of grief and confusion. We will explore why wills are contested, helping you understand these complex situations. Remember,…

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Estate Tax Changes for 2024 in Maryland

Many people in Maryland do not pay attention to estate tax, but 2024 may be the year that more families start taking notice. There are potential changes on the horizon for federal estate tax, and Maryland estate tax may soon become a concern as well. Understanding Estate Tax The government defines estate tax as a…

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What Are the Common Grounds For Contesting a Will?

In our experience at Powers & Worshtil, P.C., we’ve found that understanding the grounds for contesting a will is crucial for our clients in Maryland. It’s a topic that touches the lives of many, often during times of grief and confusion. We will explore why wills are contested, helping you understand these complex situations. Remember,…

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How Can I Protect My Assets from Taxes and Other Liabilities?

In today’s financial landscape, protecting your assets from taxes and other liabilities is more important than ever. As experienced lawyers at Powers & Worshtil, P.C. in Maryland, we understand the intricacies of safeguarding your hard-earned assets. Let’s delve into some effective strategies. Understanding Maryland’s Legal Framework for Asset Protection Asset protection is not about evading…

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What Happens to My Debts When I Pass Away?

Dealing with the loss of a loved one is challenging enough without the added stress of financial concerns. A common question we hear at Powers & Worshtil, P.C. in Maryland is: What happens to a person’s debts when they pass away? It’s a valid concern, and understanding how debts are handled can provide peace of…

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Who Should I Choose as My Executor or Trustee?

Estate planning is critical in managing your assets and ensuring your wishes are honored. In Maryland, selecting the right executor or trustee is a pivotal decision. An executor, responsible for managing your estate after your passing, and a trustee overseeing a trust play significant roles in carrying out your wishes. Choosing someone reliable, trustworthy, and…

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What Happens if I Die Without a Will?

At Powers & Worshtil, P.C., we often encounter clients in Maryland curious about the consequences of not having a will. Dying without a will, known legally as dying ‘intestate,’ means the state laws of Maryland will determine how your assets are distributed. This process may not align with your wishes or the needs of your…

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What is a Will, and How Does it Differ from a Trust?

Embarking on the journey of estate planning in Maryland often involves distinguishing between two fundamental tools: wills and trusts. At Powers & Worshtil, P.C., we understand that navigating these legal instruments can be perplexing. This guide will shed light on what sets a will apart from a trust, providing the clarity needed to make informed…

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What is Estate Planning, and Why is it Necessary in Maryland?

Embarking on the estate planning journey in Maryland may seem formidable, but its significance cannot be overstated. Whether in your prime or enjoying the golden years, estate planning is crucial for securing your legacy and ensuring your wishes are honored. At Powers & Worshtil, P.C., we’re here to guide you through the intricacies of estate…

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How Long Does an Estate Litigation Process Usually Take?

Estate litigation can be a complex and emotional journey. As your trusted legal partners at Powers & Worshtil, P.C., we understand that our Maryland clients often have questions about the duration of the estate litigation process. We will illuminate the factors influencing the timeline and what you can expect when facing this challenging terrain. The…

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