Tracys Landing Wills & Probate 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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Includes: Estate Administration, Living Wills, Wills

Hon Albert T Blackwell

Criminal, Family Law, Living Wills, Personal Injury

Status: Licensed: 74 Years

CONTACT

6277 Franklin Gibson Rd, Tracys Landing, MD 20779

Mark Steven Lynch

Landlord-Tenant, Real Estate, Traffic, Wills & Probate, Immigration

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CONTACT

10415 Southern Maryland Blvd, Dunkirk, MD 20754

Rose C Crunkleton

Estate, Wills & Probate, Trusts

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CONTACT

3140 W Ward Rd, Dunkirk, MD 20754

Julie A. Schejbal

Estate Planning, Elder Law, Corporate, Business Organization, Wills & Probate

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CONTACT

3150 W Ward Rd, Dunkirk, MD 20754

800-814-6700

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LEGAL TERMS

SUCCESSOR TRUSTEE

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

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

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.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving 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 capita, Julie and the two grandchildren will each take a third. If, on the other hand, 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).

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

KINDRED

Under some state's probate codes, all relatives of a deceased person.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

SAMPLE LEGAL CASES

Russell v. Gaither

... On February 3, 2006, Gaither filed with the Register of Wills for Baltimore City a petition for probate based on the July 12, 2005 will, which was admitted to administrative probate. Nearly six months later, on July 26th, Marquitta ...

Attorney Grievance Commission of Maryland v. PLESHAW

... In 1997, the Probate Division of the Superior Court of the District of Columbia ("probate court") appointed Pleshaw to represent Joseph Riley in an intervention proceeding and later the Riley Estate itself. ... A. Maryland Cases Confronting Misappropriation in a Probate Context. ...

Tracys Landing Wills & Probate Lawyer, Maryland

Sponsored Law Firm

Cromwell & Associates, LLC

SPONSORED LAWYERS

Hon Albert T Blackwell

Mark Steven Lynch

Rose C Crunkleton

Julie A. Schejbal

TIPS

LEGAL TERMS

SUCCESSOR TRUSTEE

TRUST DEED

EXEMPTION TRUST

POUR-OVER WILL

ENDOWMENT INSURANCE

PER CAPITA

INTER VIVOS TRUST

KINDRED

INTESTATE

SAMPLE LEGAL CASES

Russell v. Gaither

Attorney Grievance Commission of Maryland v. PLESHAW

Attorney Grievance v. PLESHAW

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