No matter your age or the size of your estate, everyone can benefit from a last will and testament. Without an estate plan your assets will be distributed the way the State of Maryland has decided they should be. The absence of a plan will likely also strain family relationships. Learn more now about Estate Planning. The depth and breadth of my experience enables me to help clients with a wide range of probate and trust administration issues.
TThere are numerous types of trusts, but the one about which clients most commonly inquire is the revocable trust. Planning addresses a broad range of scenarios that can impact a person's care and his or her assets both during life and after death. Our tax planning services focus primarily on the effective use of our clients' estate and gift tax exemptions, and strategies to transfer assets.
Charitable giving in the context of estate and gift tax planning takes many forms, and as with most tax planning, ranges from simple, outright gifts and bequests.
TThere are numerous types of trusts, but the one about which clients most commonly inquire is the revocable trust. Planning addresses a broad range of scenarios that can impact a person's care and his or her assets both during life and after death. Our tax planning services focus primarily on the effective use of our clients' estate and gift tax exemptions, and strategies to transfer assets.
Charitable giving in the context of estate and gift tax planning takes many forms, and as with most tax planning, ranges from simple, outright gifts and bequests.
Services
A little bit of knowledge can be a dangerous thing.
This is especially true in an area of law such as estate planning.
Without the advice of an experienced lawyer, the secure future you want for your family can be compromised by failing to understand the legal issues fully or the best options available, or by trying to apply a solution that is not right for your needs.
Like doctors, lawyers tend to focus their practice.
At the law office of Martin W. Snyder, LLC, we limit our law practice to estate planning, probate (estate administration) and trust administration.
This is especially true in an area of law such as estate planning.
Without the advice of an experienced lawyer, the secure future you want for your family can be compromised by failing to understand the legal issues fully or the best options available, or by trying to apply a solution that is not right for your needs.
Like doctors, lawyers tend to focus their practice.
At the law office of Martin W. Snyder, LLC, we limit our law practice to estate planning, probate (estate administration) and trust administration.
We have used Marty for over six years as our family lawyer.
He came highly recommended to us when we needed a lawyer to prepare a will after the birth of our first child.
Marty is extremely knowledgeable in his field and immediately put us at ease.
He is always prompt, courteous and respectful.
Marty asked us questions to determine which type of Will, Trust and Power of Attorney was necessary for us and our growing family.
We continue to rely on Marty for any legal issues we have and our trust our family's future with him.
He came highly recommended to us when we needed a lawyer to prepare a will after the birth of our first child.
Marty is extremely knowledgeable in his field and immediately put us at ease.
He is always prompt, courteous and respectful.
Marty asked us questions to determine which type of Will, Trust and Power of Attorney was necessary for us and our growing family.
We continue to rely on Marty for any legal issues we have and our trust our family's future with him.
Estate planning is about more than ensuring your property gets to your intended beneficiaries in the most cost-effective way after your death.
It is also about protecting your assets while you are alive, deciding how decisions will be made in the event of your disability, and protecting the interests of your children and vulnerable adults from personal and financial risks resulting from divorce, addictions, or spendthrift tendencies.
At the law office of Martin W. Snyder, LLC, we will take the time to listen to your concerns and craft a personalized estate plan to meet your goals.
It is also about protecting your assets while you are alive, deciding how decisions will be made in the event of your disability, and protecting the interests of your children and vulnerable adults from personal and financial risks resulting from divorce, addictions, or spendthrift tendencies.
At the law office of Martin W. Snyder, LLC, we will take the time to listen to your concerns and craft a personalized estate plan to meet your goals.
There are numerous types of trusts, but the one about which clients most commonly inquire is the revocable trust.
Often referred to also as a living trust or inter vivos trust, the revocable trust is used primarily to avoid probate.
The assets owned in a revocable trust upon the death of its creator are not considered to be owned by that person for purposes of probate law.
As a result, many of the legal requirements that must be satisfied to probate an estate are not applicable to revocable trusts.
Often referred to also as a living trust or inter vivos trust, the revocable trust is used primarily to avoid probate.
The assets owned in a revocable trust upon the death of its creator are not considered to be owned by that person for purposes of probate law.
As a result, many of the legal requirements that must be satisfied to probate an estate are not applicable to revocable trusts.
Our tax planning services focus primarily on the effective use of our clients' estate and gift tax exemptions, and strategies to transfer assets to spouses and later generations in the most effective way.
Gift planning usually also requires consideration of income tax consequences so that the recipient of property that is likely to be sold is not exposed to capital gains tax that might have easily been avoided.
Maryland has repealed its inheritance tax on property distributable to lineal heirs (e.g., spouses, children, grandchildren), and has broadened the category of beneficiaries who are exempt from inheritance tax.
Gift planning usually also requires consideration of income tax consequences so that the recipient of property that is likely to be sold is not exposed to capital gains tax that might have easily been avoided.
Maryland has repealed its inheritance tax on property distributable to lineal heirs (e.g., spouses, children, grandchildren), and has broadened the category of beneficiaries who are exempt from inheritance tax.
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