January 2010
House Passes Bill Which Would Revamp Grantor Retained Annuity Trusts (GRAT)
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January 2010
Effective October 1, 2009, the legislature enacted a law authorizing the establishment of statutory pet trusts in the State of Maryland.
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December 2009
Congress in 2001 decided to repeal the estate tax in 2010 before reinstating it in 2011 at the previous higher top rate of 55 percent for estates valued at more than $1 million.
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Esther A. Streete | February 2006
In February 2005, the U.S. District Court for the Eastern District of Virginia, applying Maryland Law, held in Chawla v. Transamerica Occidental Life Insurance Company that a trust lacked an insurable interest in the life of the insured, the grantor and lifetime beneficiary of the trust.
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