The dusty, yellowing binder that holds your aging Will is sitting on your bookshelf or in a fireproof safe. Your eyes occasionally pass over it as you look for something else and you wonder “What do those documents even say?” before you move on to more pressing matters. To honor National Estate Planning Awareness Week, Paley Rothman is giving you 5 reasons to pull that dusty binder off your shelf and take a look.Read More
The Paley Rothman Blog
Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our employees.
Some clients, especially unmarried individuals, try to avoid probate and even try to concoct an entire estate plan by “strategically” placing assets in joint names with intended beneficiaries. Using joint ownership in this manner, generally, is a dangerous way to avoid probate and provide for beneficiaries.Read More
A transportation funding bill signed into law earlier this month (December 2015) includes a controversial tax collection measure that may affect U.S. citizens’ freedom to travel. Beginning in 2016, the new provision allows the IRS to disclose to the U.S. State Department the identities of taxpayers with “seriously delinquent tax debt.”Read More
Paley Rothman was honored to host a lively question and answer lunch with Maryland Comptroller Peter Franchot along with several other officials from the Comptroller’s office on Friday, June 5. Comptroller Franchot and his colleagues graciously answered many questions raised by the attorneys here.Read More
In Comptroller of Treasury of Md. v. Wynne, Maryland taxpayers received a victory when the U.S. Supreme Court struck down as unconstitutional Maryland’s practice of providing only a partial rather than full tax credit against Maryland income tax for income tax paid by its residents to other states.Read More