Gwynn Oak Trusts Lawyer, Maryland, page 2

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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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Jonathan David Eisner

Litigation, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 31 Years

CONTACT

6225 Smith Ave, Baltimore, MD 21209

Shale D Stiller

Federal Appellate Practice, Trusts, Estate, Corporate

Status: In Good Standing Licensed: 67 Years

CONTACT

6225 Smith Ave, Baltimore, MD 21209

Brian Marshall Spern

Trusts, Estate, Elder Law, Other

Status: In Good Standing Licensed: 26 Years

CONTACT

3701 Old Court Rd, Baltimore, MD 21208

Kimberly Michelle Thomas

Trusts

Status: In Good Standing Licensed: 24 Years

CONTACT

6609 Reisterstown Rd, Baltimore, MD 21215

Avrohom Reuven Poupko

Litigation, Family Law, Trusts

Status: In Good Standing Licensed: 24 Years

CONTACT

3409 Pinkney Rd, Baltimore, MD 21215

Mary Lorraine Hansen

International Other, Trusts, Estate, Family Law

Status: In Good Standing Licensed: 30 Years

CONTACT

583 Frederick Road, Catonsville, MD 21228

Marc H Messing

Federal Appellate Practice, Trusts, Elder Law, Civil & Human Rights

Status: In Good Standing Licensed: 42 Years

CONTACT

6307 Pimlico Road, Baltimore, MD 21209

Arthur L Rhoads

Commercial Bankruptcy, Corporate, Trusts

Status: In Good Standing Licensed: 72 Years

CONTACT

704 Frederick Rd, Catonsville, MD 21228

Michele Loewenthal

Litigation, Trusts, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 41 Years

CONTACT

6205 Green Meadow Way, Baltimore, MD 21209

Charles S Winner

Corporate, Elder Law, Trusts

Status: In Good Standing Licensed: 56 Years

CONTACT

2002 Clipper Park Rd, Baltimore, MD 21211

800-923-0641

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LEGAL TERMS

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

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.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

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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Gwynn Oak Trusts Lawyer, Maryland, page 2

Sponsored Law Firm

Cromwell & Associates, LLC

SPONSORED LAWYERS

Jonathan David Eisner

Shale D Stiller

Brian Marshall Spern

Kimberly Michelle Thomas

Avrohom Reuven Poupko

Mary Lorraine Hansen

Marc H Messing

Arthur L Rhoads

Michele Loewenthal

Charles S Winner

TIPS

LEGAL TERMS

ESTATE PLANNING

TRUSTEE

QDOT TRUST

DISINHERIT

QTIP TRUST

AUGMENTED ESTATE

PROPERTY CONTROL TRUST

SUCCESSOR TRUSTEE

ABATEMENT

SAMPLE LEGAL CASES

Johnson v. Johnson

Elder v. Smith

Spry v. Gooner

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