BDBF News and Legal Updates

In a Nevada court, a drama is playing out over – of all things – an irrevocable trust. But this isn’t any irrevocable trust. It is the family trust established by Rupert Murdoch to control his media empire, including Fox News. The Background The proceedings have not been open to the public, so we don’t...

If we have learned one thing from the feedback we’ve received from our readers, it’s that you love nothing more than posts about music, movies, and food. Who are we to disappoint you? The Fourth of July has come and gone, and we’re fully in summer cookout season. With that, we asked BDBF attorneys to...

Every day, the estate and trust team at Bulman Dunie assist clients who serve as “Personal Representatives” (a/k/a “Executors”) of an estate in navigating the probate process. Probate can be complicated, but there are some easy steps that can be taken from Day 1 to make probate easier (and less expensive). Here are five tips...

Last month, my wife and I signed our own trust. Just like nearly all of my clients who create trusts, my wife and retitled our home into our trust. In retitling our home into our trust, we signed a deed conveying title to the property from our names to the trust’s name. This deed was...

Maryland is one of the few states that charges “inheritance tax”. We’ll start with the good news before you read on—fortunately, most conveyances of property are exempt from inheritance tax. However, it is important to be aware of inheritance tax as you consider bequests from your will, trust, or transfers via beneficiary designation. What is...

Memorial Day Weekend—at once, a holiday to mark a solemn occasion, but simultaneously the unofficial start of summer. How do BDBF attorneys commonly spend their long Memorial Day Weekend? We asked them! Liz Farley Memorial Day Weekend means the start of summer and the start of wedding season! In years past we have had a...

In legislation that we will be keeping a close eye on, Maryland officials have proposed significantly reducing the state estate tax exemption from $5 Million to $2 Million. This would expose thousands more Marylanders – and many Bulman Dunie clients – to estate tax. What Is Estate Tax? Put simply, estate tax is a tax...