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Mixed-use zoning is changing how suburban areas develop. This type of zoning combines different land uses, such as residential, commercial, and sometimes even light industrial, within the same area. Instead of having separate zones for only houses, stores, or offices,...
When you inherit property, you might wonder how the value of that property will be taxed. Understanding the stepped-up tax basis rules can help you know what to expect. These rules play an essential role in determining how much you’ll pay in taxes if you sell...
Business owners who lend money to individuals or other entities must protect their financial interests. A well-written business lending document helps ensure that both parties understand their obligations. Including specific provisions can reduce risk and provide a...
Real estate investing offers financial stability and long-term growth. Whether you buy rental properties or flip houses, this investment strategy can provide income, tax advantages, and asset appreciation. Understanding Maryland-specific laws helps ensure a smooth...
Antitrust laws exist to promote fair competition and prevent monopolies. While they mainly target large corporations, small businesses also need to understand how these laws affect them. Violations can lead to fines and legal action, so staying compliant is essential....
The "Yes In My Backyard" (YIMBY) movement supports building more housing to help fix shortages and high costs. People who support this movement want zoning rules to allow apartments, townhouses, and other housing types. The movement has become popular in Maryland...
Planning for future healthcare decisions ensures people respect your wishes when you cannot communicate them. Two essential documents in this process are the living will and the power of attorney. While both play important roles, they serve different purposes. What is...
The executor of an estate is responsible for managing and distributing the deceased's assets. This means that the executor also must handle any creditor claims that arise during probate. Addressing these claims appropriately will resolve the estate's debts and...
Fighting over a will can make a tough time even harder for families. With good planning and clear communication, families can avoid many arguments. Taking the right steps can help prevent confusion and keep the process peaceful for everyone. Create a clear and simple...
Blended families bring unique dynamics to estate administration. When a person passes away, conflicts can arise due to differing relationships and expectations among family members. Executors face complex tasks when navigating these emotional and legal challenges....