John Wilson Taylor thought ahead. Seven years before his death, he drafted a will calling for the creation of a marital trust for his wife consisting of 11 parcels of stocks and bonds, the net income of which would be ...Read More »
Congressional Republicans have narrowed the estate tax so much that it affects only about 5,500 wealthy American households a year. Now they want to eliminate the tax altogether — with a bonus for heirs. Under the latest plan, backed by ...Read More »
Maryland Comptroller Peter Franchot issued a warning Wednesday to Maryland residents about fraudulent notices sent to estate tax filers from a company alleging to be a collections firm working for his office.Read More »
A bipartisan group of Senate leaders is backing legislation that would exempt family farms from Maryland’s estate tax. “When someone who owns a farm passes, so often the farm is lost to congestion, to sprawl,” said Senate President Thomas V. ...
Tagged with: 6th U.S. Congressional District Calvert County carroll county David Brinkley democrat estate tax frederick county governor Martin O'Malley maryland Montgomery County Prince George's County republican rob garagiola roscoe bartlett senate state state house Thomas V. Mike Miller Jr.Read More »
ANNAPOLIS — Maryland senators from both parties want residents to know they can agree on some things. Democrats and Republicans outlined several measures on Thursday that have bipartisan support. One of them is a measure to help protect family farms. ...Read More »
The new federal tax law, which contains changes to estate, gift and income tax rules, should keep estate-planning attorneys busy advising clients on retirement planning for at least the next two years. The changes packed into the tax law signed ...Read More »
WASHINGTON — A massive tax package that would save millions of Americans thousands of dollars in higher taxes is headed for a vote in the House Thursday even as rebellious Democrats complain it is too generous to the wealthy. House ...Read More »