Altman & Associates Law Firm

Altman & Associates Law Firm

Category: Content
Type: Blog Article

Generated 5 days ago

Altman & Associates Law Firm

Category: Content
Type: Blog Article

Generated 1 week ago

New blog articles detected

  • Reasons Millennials Avoid Estate Planning

    Approximately 60% of Americans will die without a Will, much less any other critical estate planning documents. Millennials are among the worst offenders when it comes to kicking the estate planning can down the road. Some of the most common reasons: Assets – Often, people don’t believe they have enough assets to justify estate planning. They perceive it as […] The post Reasons Millennials Avoid E...

  • Inheritance Taxes

    Inheritance Tax Overview Maryland’s application of inheritance tax is unique. Maryland is only one of two states that have a tax for inheritance separate from estate tax. In fact, most states do not impose an inheritance tax. Only Pennsylvania, Iowa, Nebraska and Kentucky have an inheritance tax. It is important to understand how inheritance and […] The post Inheritance Taxes appeared first on Alt...

Altman & Associates Law Firm

Category: Content
Type: Blog Article

Generated 3 weeks ago

New blog articles detected

  • Retirees Should Reviews Long-Term Financial Plans

    Retirees Should Review Long-Term Financial Plans in Light of Proposed Tax Changes   After a contentious presidential election, many Americans are eager to place the discourse of politics far behind them. Resist that temptation and don’t put the upcoming political agenda out of your mind just yet. The president-elect campaigned on a platform of change, […] The post Retirees Should Reviews Long-Term...

Altman & Associates Law Firm

Category: Content
Type: Blog Article

Generated 1 month ago

New blog articles detected

  • New Year Brings Significant Tax Changes

    New Year Brings Significant Tax Changes As Americans look to the start of a New Year, many resolve to adopt positive “New Year’s Resolutions”, seizing the opportunity to start anew and embrace change in the year ahead. Change is indeed in store for this country with the election of a new president. For months on […] The post New Year Brings Significant Tax Changes appeared first on Altman & Associ...

  • Trump’s New Tax Plan & Your Wallet

    Trump’s Tax Plan and Your Wallet: What You Need to Know Approximately 20% of Americans will face a tax increase   Trump. Taxes. Two words that have been intertwined in the months leading up to the Presidential election. Now that Election Day has passed, many Americans are wondering what, exactly, his new tax plan means […] The post Trump’s New Tax Plan & Your Wallet appeared first on Altman & Asso...

Altman & Associates Law Firm

Category: Content
Type: Blog Article

Generated 1 month ago

New blog articles detected

  • Vote for Gary as “DC’s Best Lawyer” in the Washington City Paper’s 2017 “Best of D.C.” Issue!

    Dear friends, please consider voting for Gary again this year as “DC’s Best Lawyer” in the Washington City Paper’s “Best of D.C.” Issue!  Click the blue box above to vote! Thank you for your continued support! The post Vote for Gary as “DC’s Best Lawyer” in the Washington City Paper’s 2017 “Best of D.C.” Issue! appeared first on Altman & Associates.

  • What a Trump Presidency Means for Your Estate Plan

    What a Trump Presidency Means for Your Estate Plan   The election of a new President always brings with it an element of change for the country. However, the potential for change with this new administration is even greater due to the current majority in Congress. During the months preceding the election in November, there […] The post What a Trump Presidency Means for Your Estate Plan appeared fi...

  • Recently, I was asked what sets us apart from other estate planning attorneys.  It is sometimes hard to put into words how we work with clients on a comprehensive basis and how much care we take in making sure the documents are absolutely correct. Recently, we sent newly signed estate planning documents and instructions on […] The post appeared first on Altman & Associates.

  • Happy New Year from the Altman Team!

    2016 was a very special year for us here at Altman & Associates. We had the privilege of serving many wonderful clients, new and old. Chris Martin joined us as an associate. We celebrated our 20th year in business. And we carried out our mission of raising awareness and funds for charitable organizations that are near and dear to […] The post Happy New Year from the Altman Team! appeared first on ...

  • Holiday Hours

    The Altman & Associates offices will be closing at 12:00 PM today and will re-open on Tuesday, December 27th. Wishing everyone a happy and safe holiday weekend! – The Altman Team The post Holiday Hours appeared first on Altman & Associates.

  • Tips to Successful Business Succession Planning

    Tips to Successful Business Succession Planning As many Baby Boomers approach retirement age, the consideration of what will happen to the businesses older individuals own becomes more important. Many business owners have invested their personal funds and spent their entire lifetimes building the business. Some ways that business owners can create a more effective plan […] The post Tips to Success...

  • Moving North: Consider Tax Consequences

    In a contribution to the Howard County publication, Biz Monthly, Christopher Martin, Esq. offers sage advice to Americans who may be thinking about leaving the country in response to the Presidential election results.  He cautions, ” before learning the words to O Canada, potential expatriates should consider some of the tax consequences. Read:  “Moving North: Consider Tax Consequences” The post M...

  • Preventing Elder Financial Exploitation

    Victims of elder financial abuse lose $2.6 billion every year, according to published reports. One out of every 20 elderly individuals have admitted to being victimized through financial exploitation. However, statisticians estimate that this number may be even higher since it is believed that only one out of every 44 cases actually reports the financial […] The post Preventing Elder Financial Exp...

  • Don’t Wait Too Long for Business Succession Planning

    In August 2016, the United States Treasury Department proposed new regulations that would limit the use of valuation discounting. This is a common planning technique that has assisted individuals in executing wealth transfers for years. The premise is that a person can transfer an interest in a family-owned business at a discount so that the […] The post Don’t Wait Too Long for Business Succession...

  • The Third Richest Man in the World Believes in Regular Estate Planning

    With a net worth of roughly $70 billion dollars, Warren Buffet has very strong opinions about what he wants to happen with his fortune after he’s gone. It’s widely known that he intends to bequeath the majority of his wealth to charity, namely the Bill & Melinda Gates Foundation.  (In fact, he’s already gifted billions of dollars worth of Berkshire Hathaway stock […] The post The Third Richest Man...

Altman & Associates Law Firm

Category: Content
Type: Blog Article

Generated 5 months ago

New blog articles detected

  • Clinton vs. Trump: Comparing Their Estate Tax Policies

    Monday night’s debate between Hillary Clinton and Donald Trump showcased just a handful of the extreme policy differences between the two candidates.  Of course, as estate planners, we are obviously keeping an eye on the candidates’ positions as it pertains to taxes, especially the estate tax.  Here is the latest information we could find on their positions on […] The post Clinton vs. Trump: Compa...

  • Buying a Will is Not like Buying a Toaster

    I often get this asked this question:  “My wife and I need Wills and other documents.  How much does it cost and can you draft them quickly so we can just come in and sign?” Part of my job is to explain to clients that estate planning is not a product. Buying estate planning is […] The post Buying a Will is Not like Buying a Toaster appeared first on Altman & Associates.

Altman & Associates Law Firm

Category: Content
Type: Blog Article

Generated 6 months ago

New blog articles detected

  • Changes to Virginia’s Elective Share Law Imminent

    Changes to Virginia’s Elective Share Law Imminent Understand the changes before they go into effect Virginia’s elective share law allows a surviving spouse to make a claim on their spouse’s estate if they are not satisfied with what was left to them through the will. The current law allows the surviving spouse to claim one-third […] The post Changes to Virginia’s Elective Share Law Imminent appear...

Altman & Associates Law Firm

Category: Content
Type: Blog Article

Generated 6 months ago

New blog articles detected

  • When Celebrities Fail to Plan (It Happens All Too Often)

    As we have written about in the past, many celebrities die without an estate plan, and sometimes even without a simple Will.  It appears that, like Barry White, Jimi Hendrix, Bob Marley, Amy Winehouse, Kurt Cobain, and many others, Prince died without a Will and without any plan for who is going to control his […] The post When Celebrities Fail to Plan (It Happens All Too Often) appeared first on ...

Altman & Associates Law Firm

Category: Content
Type: Blog Article

Generated 6 months ago

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