Taylors Island Trusts Lawyer, Maryland

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Stephen Cromwell
About | Practice Areas
Cromwell & Associates, LLC
7305 Baltimore Ave Suite 307 College Park, MD 20740» view map
Estate, Tax, and Real Estate Law
Where Every Client Matters

At Cromwell & Associates, our firm is large enough to handle your diverse needs, but small enough to give you the personal attention you deserve.

240-667-7234
1. Stephen Cromwell College Park, MD
  Attorney at Law, MD
  University of Maryland School of Law, J.D. 2019
2. AboutCromwell & Associates, LLC
  Where Every Client Matters
3. Practice AreasExpertise
  Estate Law
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Hadley Hadley Fetzer Ramiah

Trusts, Commercial Real Estate

Status: In Good Standing

CONTACT

23087 Three Notch Road, California, MD 20619

Sandra Kaufman Jonasen

Elder Law, Bankruptcy, Trusts, Tax

Status: In Good Standing

CONTACT

23141 Alder Ln, California, MD 20619

Hadley Hadley Ramiah

Commercial Real Estate, Trusts

Status: In Good Standing

CONTACT

23087 Three Notch Road, California, MD 20619

Kevin S Norris

Agriculture, Construction, Dispute Resolution, Trusts

Status: In Good Standing

CONTACT

California, MD 20619

Peter C. Paul

Estate, Trusts, Elder Law

Status: In Good Standing Licensed: 65 Years

CONTACT

1673A Town Point Rd, Cambridge, MD 21613

E. Thomas Merryweather

Commercial Real Estate, Trusts, Corporate, Banking & Finance

Status: In Good Standing

CONTACT

Cambridge, MD 21613

E Thomas Merryweather

Real Estate, Estate, Trusts, Commercial Real Estate

Status: In Good Standing

CONTACT

Cambridge, MD 21613

Marjolane Merryweather Wooten

Real Estate, Trusts, Estate, Commercial Real Estate

Status: In Good Standing

CONTACT

Cambridge, MD 21613

Hubert H Wright

General Practice

Status: In Good Standing Licensed: 51 Years

CONTACT

Cambridge, MD 21613

Teri Belcher

Litigation, Trusts, Elder Law, Corporate

Status: In Good Standing Licensed: 22 Years

CONTACT

319 High St, Cambridge, MD 21613

800-923-0641

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LEGAL TERMS

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

CURATOR

See conservator.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

SAMPLE LEGAL CASES

Johnson v. Johnson

... George T. Bogert, The Law of Trusts and Trustees Â§ 181 at 244-46 (Rev.2d ed.1979) (internal footnotes omitted). ... Once the shares were distributed into Trusts A and B, the Trust set forth how the Trustee was to hold, manage, and distribute the Trust. ...

Elder v. Smith

... Vol.), Â§ 8-104 of the Estates and Trusts Article ("ET"). ... Again, the Estates and Trusts Article governs such claims, and there is nothing in that Article permitting a creditor with a pre-death claim to enhance the priority of its claim post-death. ...

Spry v. Gooner

... appellants lacked standing. The basis of the order was that appellants were not "interested persons" within the meaning of Maryland Code (2001 Repl.Vol., 2008 Supp.), Â§ 1-101(i) of the Estates & Trusts Article ("ET"). Ralph Gooner ...

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Taylors Island Trusts Lawyer, Maryland

Sponsored Law Firm

Cromwell & Associates, LLC

SPONSORED LAWYERS

Hadley Hadley Fetzer Ramiah

Sandra Kaufman Jonasen

Hadley Hadley Ramiah

Kevin S Norris

Peter C. Paul

E. Thomas Merryweather

E Thomas Merryweather

Marjolane Merryweather Wooten

Hubert H Wright

Teri Belcher

TIPS

LEGAL TERMS

REAL ESTATE AGENT

PER STIRPES

GENERATION-SKIPPING TRANSFER TAX

CURATOR

SPECIFIC BEQUEST

BEQUEATH

QDOT TRUST

SURVIVING SPOUSE'S TRUST

TAKING AGAINST THE WILL

SAMPLE LEGAL CASES

Johnson v. Johnson

Elder v. Smith

Spry v. Gooner

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