How to Pass Your Maryland Rental Property to Your Heirs Without Probate

Many Maryland property owners wrongly assume that their rental property must go through probate when they pass away. The reality is that there are estate planning tools that allow the transfer of ownership outside of probate. On approach is to create a company and retitle the property into the company. This can also provide […]

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A Maryland resident agent is a person designated by a Maryland business to act as the company’s publicly identified point of contact to receive and forward official documents or notices on behalf of the company. State law requires any company lacking a physical address in Maryland to designate a resident agent. In addition to […]

Post Tagged withBusiness Formation, Business Law, Maryland Registered Agent, MarylandAttorney, MarylandBusinessFormation, MDResidentAgent, ResidentAgent

Posted by reichertlegal
Posted in Attorney Baltimore County Maryland, Business Formation Attorney Baltimore Maryland, Business Formation Attorney Columbia Maryland, Business Formation Attorney Glen Burnie Maryland, Business Law Attorney Maryland, Business Law Baltimore, Business Law Maryland LLC, Maryland Registered Agent, Maryland Resident Agent, MD Resident Agent
Nov, 14, 2022
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SDAT Increases Business Personal Property Exemption

The Maryland State Department of Assessments and Taxation (SDAT) recently raised the exemption for all Maryland businesses on personal property assessment from $2,500 to $20,000. HB268 took effect on June 1, 2022 and will save Maryland businesses from paying over forty million dollars in assessments. This legislation also prevents the SDAT from the collection […]

Post Tagged withBusiness Formation, Business Law, Formation Attorney, LLC, Maryland