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Estate Planning

Tuesday, June 12, 2018

Estate Planning Lawyer in Howard County Can Help You Dust off Your Plan


Estate planning is one of the most important things you can do to protect yourself and plan ahead for when you pass away. Unfortunately, many people do not revise their estate plan after major life changes occur which can lead to problems in distributing assets. With an estate planning lawyer in Howard County, you can make sure that your estate plan is up to date and fits your and your loved one's needs.


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Wednesday, May 30, 2018

Lawyer in Howard County Maryland: Finding Expertise in Business Law and Estate Planning

Do you need a lawyer in Howard County Maryland? Located in one of the principal cities in the Baltimore metropolitan area, Howard County is often cited for its quality of life, excellent education system, and affluence. However, no community is safeguarded from litigation, especially when it comes to the potential complexity of estate and business planning.

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Monday, May 14, 2018

Wills Lawyer in Ellicott City Eases Estate Plan Worries

For individuals who own their own business or have a variety of assets, generating a Will on your own is not advisable. There are several layers when it comes to the financial makeup of business assets. By working with a Wills lawyer, you can be sure that your personal and business possessions are protected and administered appropriately.

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Wednesday, February 7, 2018

Estate Tax Planning for 2018


Estate tax planning has taken a turn for the better for the very wealthy – new changes signed into law regarding Estate Taxes temporarily double the exemption amount for estate, gift and generation-skipping taxes (from 5 million to 10 million). This benefits anyone with over $11 million in assets, as it protects this money from taxes when it is given as a gift or transferred at death. As it stands now, very few individuals will be subject to a federal estate tax.


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Tuesday, September 5, 2017

Estate Plan Timing: A Professional's Guide

Any estate planning lawyer located in Howard County, MD is going to be faced with this question from their clients: How many times should I review my estate planning documents? Now an unscrupulous lawyer would answer “annually” but realistically a client should review their estate plan every five years or thereabouts. I would add that if a person goes through some life changing event such as divorce or the death of a loved one, they should also review their documents.


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Monday, August 21, 2017

Howard County Estate Planning for Dummies

What documents go into an estate plan? Every attorney “sells” a will, a power of attorney and an advance directive to their client. But what else do they sell? Most probably leave it at that. I go a step further and add a HIPAA waiver and a final disposition.


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Monday, July 31, 2017

What Is a Will and What Is an Estate Plan?

The term estate plan is, I believe, marketing terminology used by estate planning attorney to attract clients with money. I also believe that this terminology makes estate planning unattractive to most people since they do not have large “estates” and are just looking for a will. When I first heard the term “estate” in law school over a decade ago, I pictured a palatial estate with fountains and manicured lawns.


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Wednesday, June 28, 2017

Business Succession and Estate Planning Meet at Last

One of the areas of estate planning often looked over is what is popularly called "business succession." Business succession pertains to business owners primarily, or those who might inherit a business.


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The Law Offices of Rick Todd is located in Columbia, MD and Chevy Chase, MD (Friendship Heights) serve clients throughout Clarksville, Columbia, Ellicott City, Fulton, Rockville, Bethesda, Potomac, Laurel, Howard County, Montgomery County, and Washington D.C.



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