Blog - "Altman Speaks"

Mental Health Considerations in Estate Planning

This past weekend was a horrific one for families across our country, Buffalo, Los Angeles, Milwaukee because of gun violence and mental health. It made me think of mental health considerations in estate planning. Removing the stigma of mental health starts with realizing that many people—about one in five of all US adults--are affected […]

Electronic Will Execution Comes to Maryland

Effective April 21, 2022, Marylanders can now sign their Wills and Trusts virtually because of passing Senate Bill 36. This new legislation was initiated in 2021 in response to the COVID-19 pandemic, and now after passing through the legislature, brings Maryland in line with several other states that permit electronic wills. Historically, to execute a […]

Not All Gifts Are Created Equal

It is better to give than to receive. But if you give a gift above a certain amount, you may wind up owing money to the IRS! The federal tax code has very specific rules about how much you can transfer to (gift) others each year (annual exclusion) and during your lifetime (lifetime exemption). Gifts […]

What to Know About Nonfungible Tokens

A nonfungible token (NFT) is a unique digital code that represents a digital item such as art or music, and a growing number of physical items, that runs on the blockchain (a secure, decentralized, and cryptography-backed online ledger) and provides proof of ownership of virtual collectibles. That explanation may cause confusion, and with NFTs, confusion […]

Maryland Tax Reduction Act

Governor Hogan signed into law the Maryland Tax Reduction Act on Friday, April 1st. The act will cut retirement taxes by eliminating all state tax on the first $50,000 of income for retirees making up to $100,000 in federally adjusted gross income. Retirees with Maryland income will pay no state tax up to $50k. […]

Florida Community Property Trust Act: Effective July 1, 2021

The Heckerling institute for Estate Planning has been holding its annual conference this week and a topic discussed frequently amongst colleagues was the Florida Community Property Trust Act enacted by Florida’s State Legislature last summer. We thought it would be a good opportunity to review the pros and cons. Florida, a separate property state, has […]

Biden Administration Revenue Proposals for 2023

If at first, you don’t succeed, try, try again! President Biden’s administration released its 5.79 Trillion dollar budget for the fiscal year starting October 1, 2022. We will be closely watching certain provisions of the proposal; however, this is very similar to last year’s failed tax increases. Considering the House and the Senate are almost […]

Gary Altman & Coryn Rosenstock named Top Financial Advisors by the Washingtonian

It gives us great pleasure to announce that Gary Altman, Esq., Chair of the Estate Law Practice area of Altman & Associates a Division of Frost Law, and his protege, Coryn Rosenstock, Esq. have both been selected as Top Financial Advisors in the March issue of Washingtonian magazine. This Washingtonian guide is produced annually by […]

The Dangers of Do-It-Yourself Wills and Trusts: Why Online and Pre-Packaged Estate Planning Documents Are a Big No-No

There will be many projects this spring where you (or even a not-so-crafty attorney like myself) may be compelled to try and DIY (Do-It-Yourself)... Staining the deck? No problem. Replacing the garbage disposal? Piece of cake! And how hard could it really be to install a Koi pond anyway? I've never tried it, but surely there's a YouTube video for […]

Cryptocurrency: Big Gains, Big Taxes (Part 1)

We've all heard stories about Bitcoin millionaires - people who took a chance early on, invested a few hundred dollars, and now they're worth millions. The stories are real and have inspired generations of people worldwide to get in on the cryptocurrency action. Bitcoin, specifically, has become the best-performing asset of the last decade, with […]

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Recent Posts

Mental Health Considerations in Estate Planning

Electronic Will Execution Comes to Maryland

Not All Gifts Are Created Equal

What to Know About Nonfungible Tokens

Maryland Tax Reduction Act

Florida Community Property Trust Act: Effective July 1, 2021

Biden Administration Revenue Proposals for 2023

Gary Altman & Coryn Rosenstock named Top Financial Advisors by the Washingtonian

The Dangers of Do-It-Yourself Wills and Trusts: Why Online and Pre-Packaged Estate Planning Documents Are a Big No-No

Cryptocurrency: Big Gains, Big Taxes (Part 1)

1 2 3 … 66 Next »