November 2014 Posts

  • Announcing the 2015 Adjustments for the Federal and Maryland Estate Tax Exemptions

    The Internal Revenue Service has released the official adjustments that will affect 2015 federal reporting for estate taxes, gift taxes, generation-skipping transfer taxes, and estate and trust income taxes. Maryland also has adjusted its state estate tax threshold for 2015....
  • 2015 Changes to State Death Taxes, Including DC and Maryland Estate Taxes

    Both Maryland and the District of Columbia impose estate taxes at thresholds much lower than the Federal estate tax. If you or your heirs live in one of the states that imposes an estate tax, you should consider estate tax efficient ways to pass assets to your heirs....