The budget reconciliation bill that recently passed the House of Representatives has been sent to the Senate. JM LAW is monitoring its progress and any changes.

Congress is once again reworking the tax code. This time, the stakes are high. The latest proposal is likely to affect your estate plan.

Every state imposes different taxes. Maryland is unique: it’s the only state that imposes both an estate tax and an inheritance tax. Planning is especially important for those who live or own property in Maryland.

There has been considerable public and private discussion about estate, inheritance, and death taxes. Our COO and estate planning strategist, Avatus Stone, explains what you need to know.

As you may know, there was a new rule that went into effect in 2024: the Corporate Transparency Act. There have been changes.

As expected, new federal legislation has been proposed that would significantly change the estate and gift tax landscape. We expect this law to pass.

We expect to see change and more change in estate planning laws, regulations, and taxes in 2025. Here is the first round.

We hope you are looking forward to the holidays and the opportunity to relax and celebrate with friends and family.

You may already know about the new rule that went into effect this year: the Corporate Transparency Act. Now, if you’re a “beneficial owner” of a particular type of entity, you have to file a BOI report.

The SECURE Act was specifically designed to help more people save more money for their retirement. That said, these regulations are complex, but we’re here to help.