An elective share is a legal right of the surviving spouse to claim a fixed portion of the deceased spouse’s assets even though their will or estate planning documents suggest otherwise. This law ensures financial support for the surviving spouse and prevents...
Year: 2024
Why saying no to inherited property can be a smart move
Inheriting property can sometimes be more trouble than it's worth. Aside from pushing you into a higher tax bracket, some properties can come with significant maintenance and upkeep costs, or existing debts like mortgages or liens. The Maryland Uniform Disclaimer of...
What are the most common US workplace injuries?
A new report shows the five most common workplace injuries causing the majority of U.S. workers’ compensation claims. The study also found that newer employees – those with less than a year under their belt – account for over one-third of all claims. For its 2024...
What to do in the first 24 hours after a workplace injury
While every employee deserves a safe working environment, the unfortunate reality is that workplace accidents can and do occur. In such instances, Maryland's comprehensive workers' compensation system is a crucial safeguard for employees. Understanding your rights and...
What to know about being deposed in your personal injury case
The defense in your personal injury case will do everything in its power to avoid liability. Even when that’s impossible, they’ll attack your case to try to minimize the damages that they’ll have to pay. This can leave you feeling like you’re on the defensive...
Is your MD business prepared for the unexpected?
Imagine spending thousands of hours building a thriving business, only to have it face uncertainty due to a sudden accident, illness or even your untimely death. Without a clear plan in place, your company's future and your family's financial security could be at...
How does a revocable trust avoid probate?
In the United States, probate can consume up to 10% of the estate's value. This staggering cost is a significant burden for many families, which is why legal and financial experts strongly advise against probate when planning your estate. But what is probate, exactly?...
What makes some teenagers dangerous drivers?
It only takes a split second for an errant driver to run a red light, swerve into oncoming traffic, fail to slow for stopped traffic, or change lanes into you. And when any of these events occur, you can be at risk of suffering serious injuries that can last a...
Why estate planning is a must for new parents
Becoming a parent is one of life’s most rewarding experiences, but it also comes with substantial financial responsibilities. Raising a child is expensive, and when you are busy providing for their basic needs, it is easy to delay one thing that is just as important:...
Distracted driving: Contrasting texting with other distractions
Roads are a vital part of daily life. However, they also present significant risks, particularly when drivers do not fully focus on the road. Distracted driving is a pervasive road safety issue, with texting while driving being one of the most well-known distractions....