Libertytown 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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Peter Reddick Montefusco

Other, Trusts, Estate Planning, Estate

Status: In Good Standing

CONTACT

8133 Runnymeade Dr, Frederick, MD 21702

Laura Ann Melia

Real Estate, Trusts, Corporate, Animal Bite

Status: In Good Standing Licensed: 32 Years

CONTACT

113 E Church St, Frederick, MD 21701

Seymour B Stern

Land Use & Zoning, Real Estate, Trusts, Estate

Status: In Good Standing Licensed: 61 Years

CONTACT

50 Carroll Creek Way, Frederick, MD 21701

Janet Irwin McCurdy

Trusts, Estate

Status: In Good Standing

CONTACT

31 West Patrick Street, Frederick, MD 21701

Bridget Elizabeth Pelino

Real Estate, Trusts, Estate Planning, Corporate

Status: In Good Standing Licensed: 22 Years

CONTACT

352 West Patrick Street, Frederick, MD 21701

Joseph S Welty

Trusts, Estate, Corporate, Business

Status: In Good Standing Licensed: 50 Years

CONTACT

30 W Patrick St, Frederick, MD 21701

Michael Hugh Delauter

Trusts, Estate, Tax

Status: In Good Standing Licensed: 34 Years

CONTACT

110 N Court St, Frederick, MD 21701

Jeffrey P McEvoy

Real Estate, Trusts, Corporate, Business

Status: In Good Standing Licensed: 42 Years

CONTACT

100 W Church St, Frederick, MD 21701

William Earl Sauser

Trusts, Estate

Status: In Good Standing

CONTACT

30 W. Patrick Street, Frederick, MD 21701

Marcia Ellen Anderson

Social Security, Government, Trusts, Estate

Status: In Good Standing Licensed: 24 Years

CONTACT

Mount Airy, MD 21771

800-923-0641

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LEGAL TERMS

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

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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Libertytown Trusts Lawyer, Maryland

Sponsored Law Firm

Cromwell & Associates, LLC

SPONSORED LAWYERS

Peter Reddick Montefusco

Laura Ann Melia

Seymour B Stern

Janet Irwin McCurdy

Bridget Elizabeth Pelino

Joseph S Welty

Michael Hugh Delauter

Jeffrey P McEvoy

William Earl Sauser

Marcia Ellen Anderson

TIPS

LEGAL TERMS

INVENTORY

BANKRUPTCY ESTATE

EXEMPTION TRUST

GRANTOR

CERTIFIED COPY

RULE AGAINST PERPETUITIES

PREDECEASED SPOUSE

ESTATE TAXES

CONSERVATOR

SAMPLE LEGAL CASES

Johnson v. Johnson

Elder v. Smith

Spry v. Gooner

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