Determining the Value of an Estate in Maryland
Understanding how an estate is valued is a crucial step in the probate process. In the state of Maryland, the valuation of an estate involves several considerations, and navigating these complexities is important for both the Personal Representative and the beneficiaries. Appraisal of Assets One of the primary steps in estate valuation is […]
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- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore Maryland, Estate Administration Frederick Maryland, Estate Administration Prince George's County, Probate Attorney Baltimore Maryland, Probate Attorney Maryland, Probate Frederick County Maryland, Probate Montgomery County Maryland, Probate North Bethesda Maryland, Probate Prince George's Maryland, Uncategorized
- Nov, 02, 2023
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What Happens with Your Debt When You Die in Maryland?
The passing of a loved one is a challenging and emotional time, and dealing with their financial affairs can be equally daunting. It’s important to understand the legal and financial processes that can happen when a person passes away and leaves behind debt. Estate Administration Process In Maryland, when a person passes away, […]
- Posted by reichertlegal
- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Probate Baltimore County Maryland, Probate Carroll County Maryland, Probate Columbia Maryland, Probate Lawyer Maryland, Probate Montgomery County Maryland, Probate North Bethesda Maryland, Probate Prince George's County Maryland, Uncategorized
- Oct, 26, 2023
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What is the Role of a Personal Representative?
A Personal Representative (aka executor) is a person appointed in an estate plan, or, when there is no will, appointed as a matter of law or by the court. This role involves ensuring that the decedent’s wishes are fulfilled when distributing assets, as well as managing the decedent’s affairs, including paying taxes and other bills. […]
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- Posted in Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Carroll County Maryland, Estate Administration Frederick Maryland, Estate Administration Glassmanor Maryland, Estate Planning Annapolis Maryland, Estate Planning Aspen Hill Maryland, Estate Planning Attorney North Bethesda Maryland, Estate Planning Carroll County, Estate Planning Howard County, Lawyer Baltimore Maryland, Maryland Inheritance Laws, Probate Lawyer Baltimore, Uncategorized
- Aug, 25, 2023
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How Much Will the Court Allow For Funeral Expenses in Maryland?
If you have been designated the personal representative of an estate, you probably know that you are responsible for making sure all funeral expenses are paid. However, you may not know what expenses fall under this category. According to Maryland law, within six months’ time, the personal representative of an estate is required pay expenses […]
Must I Open a Maryland Probate Estate if the Only Asset is a Motor Vehicle?
If the motor vehicle is co-owned, and the other owner is alive, then the vehicle will not be subject to a probate estate. However, if the vehicle is in the decedent’s name only, with no surviving co-owner, then a probate estate is necessary. If the vehicle is worth less than $50,000 then a small estate […]
- Posted by reichertlegal
- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Maryland, Probate Attorney Baltimore Maryland, Probate Attorney Maryland, Probate Baltimore County Maryland, Probate Frederick County Maryland, Probate Lawyer Maryland, Probate Prince George's Maryland
- Feb, 28, 2022
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Letters of Administration for Foreign Small Estate in Baltimore City
If property is located in Baltimore, Maryland, and needs to be transferred via an estate opened in another state, a Foreign Proceeding must be opened. When a Foreign Small Estate is opened in Baltimore City the Register of Wills Office does not issue a Letter of Administration as they would in a regular Small Estate. […]
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- Posted in Attorney Baltimore Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Planning Baltimore County, Estate Planning Baltimore Maryland, Probate Attorney Baltimore Maryland, Probate Baltimore County Maryland, Probate Law Baltimore Maryland, Probate Law Baltimore Maryland, Probate Lawyer Baltimore, Wills & Trusts Baltimore Maryland
- Oct, 08, 2020
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How Long Do Creditors Have to Bill an Estate in Maryland?
In Maryland, the creditors have six (6) months to file a claim. The bill must be sent to the Personal Representative and filed with the Register of Wills. If you are a Personal Representative of an estate and waiting for a bill from the hospital or other creditor, it might be a good idea to […]
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- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Carroll County Maryland, Estate Administration Chillum Maryland, Estate Administration Clinton Maryland, Estate Administration Frederick Maryland, Estate Administration Glassmanor Maryland, Probate Attorney Maryland, Probate Attorney Pikesville Maryland, Probate Carroll County Maryland, Probate Howard County Maryland, Probate Law Baltimore Maryland, Probate Montgomery County Maryland, Probate Prince George's Maryland, Uncategorized
- Jul, 19, 2020
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Do I Need a Bond for the Personal Representative of my Maryland Estate?
Whether or not you need a bond for your personal representative depends on your specific circumstances. Generally, a personal representative bond is a surety bond to protect the beneficiaries of the estate against fiduciary misconduct. If the bond is in the form of an insurance, then there also needs to be a power of attorney […]
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- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Carroll County Maryland, Estate Administration Chillum Maryland, Estate Administration Clinton Maryland, Estate Administration Frederick Maryland, Estate Administration Glassmanor Maryland, Estate Administration Harford County Maryland, Estate Administration Howard County Maryland, Estate Administration Lawyer Maryland, Estate Administration Maryland, Estate Administration Montgomery County Maryland, Estate Administration Olney Maryland, Estate Administration Prince George's County, Estate Planning Annapolis Maryland, Estate Planning Anne Arundel County Maryland, Estate Planning Carroll County Maryland, Estate Planning Hagerstown Maryland, Estate Planning Rockville Maryland, Estate Planning Silver Spring Maryland
- Feb, 18, 2020
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For How Long is a Maryland Will Valid?
As a general rule, a will governs the distribution of assets only after the testator dies. Any changes to a will that are made during the testator’s lifetime will be valid. A will is not active until the owner of the assets passes. For example, if a testator wills her home to her son, but […]
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- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Harford County Maryland, Estate Administration Montgomery County Maryland, Estate Planning Annapolis Maryland, Estate Planning Anne Arundel County Maryland, Estate Planning Aspen Hill Maryland, Estate Planning Attorney North Bethesda Maryland, Estate Planning Attorney Pikesville Maryland, Estate Planning Baltimore County, Estate Planning Baltimore Maryland, Estate Planning Bel Air Maryland, Estate Planning Bethesda Maryland, Estate Planning Bowie Maryland, Estate Planning Carroll County, Estate Planning Carroll County Maryland, Estate Planning Catonsville Maryland, Estate Planning Chillum Maryland, Estate Planning Clinton Maryland, Estate Planning Columbia Maryland, Estate Planning Dundalk Maryland, Estate Planning Ellicott City Maryland, Estate Planning Essex Maryland, Estate Planning Frederick Maryland, Estate Planning Germantown Maryland, Estate Planning Rockville Maryland, Wills & Trusts Baltimore Maryland, Wills & Trusts Carroll County Maryland, Wills & Trusts Ellicott City Maryland, Wills & Trusts Glen Burnie Maryland, Wills & Trusts Hagerstown Maryland, Wills & Trusts Lawyer Montgomery Maryland, Wills & Trusts Maryland, Wills & Trusts Pikesville Maryland, Wills & Trusts Silver Spring Maryland, Wills Baltimore Maryland, Wills Columbia Maryland
- Aug, 09, 2019
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Who Can Be Personal Representative if a Minor is the Heir of the Estate in Maryland?
If a Minor is the listed heir in an Estate then the Minor cannot gain access or control to the estate until becoming an adult regardless of when or if the Personal Representative fies. While this individual is the rightful heir of the Estate someone will have to be the Personal Representative of it and […]
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- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Carroll County Maryland, Estate Administration Chillum Maryland, Estate Administration Clinton Maryland, Estate Administration Frederick Maryland, Estate Administration Glassmanor Maryland, Estate Administration Harford County Maryland, Estate Administration Howard County Maryland, Estate Administration Lawyer Maryland, Estate Administration Maryland, Estate Administration Montgomery County Maryland, Estate Administration Olney Maryland, Estate Administration Prince George's County
- May, 13, 2019
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