Welcome to Estate of Mind… HWK’s blog focusing on estate matters

Whether you’re new to estate planning or looking to update your current strategies, our blog offers insights, practical advice, and the latest updates to help you make informed decisions. Explore topics ranging from wills and trusts to tax implications and asset protection, all designed to empower you, safeguard your loved ones’ future, and put you into an estate of mind.

Our blog content is not legal advice but rather general information. Please consult with our legal professionals for personalized advice.

Did Aretha Franklin Die Without a Will?

Did Aretha Franklin Die Without a Will? A Cautionary Tale for Estate Planning Too little estate planning can put your heirs in a bind and tie up your estate in time-consuming and costly probate litigation. As the legal saga of Aretha Franklin’s estate shows, inadequate estate planning—in...

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Gloria Vanderbilt: No Trust Fund Kids for Her

We are at the precipice of what is being called “The Greatest Wealth Transfer in History,” as baby boomers are set to pass down $84 trillion to younger generations.[1] Every parent wants to see their children succeed. But some may wonder whether an inheritance will help promote or hinder the...

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Balancing Act: What Matters Most to You?

When people begin getting their affairs in order through the creation of an estate plan, they often face a delicate balancing act between saving on income and estate taxes, protecting their hard-earned savings from their ultimate beneficiaries’ creditors, and providing maximum benefit to their...

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Taxes That Can Impact Your Estate Plan

Estate planning involves deciding how to plan for the management of your money, property, and well-being before your death and how to distribute your money and property after your death. A comprehensive estate plan should consider the impact that taxes can have on your estate and ensure that your...

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Maryland Estate and Trust Lawyer Jake Polivka Joins HWK Law Group

FOR IMMEDIATE RELEASE HWK Law Group Hires Estate and Trust Attorney Jake Polivka Strengthens its reputation for providing trusted estate planning services to individuals and families in Maryland   Lutherville, Maryland, March 4, 2024 – HWK Law Group announced today the newest member of its...

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Attorney Chester Hobbs Joins HWK Law Group

FOR IMMEDIATE RELEASE HWK Law Group Expands Practice Areas Hires Esteemed Attorney Chester H. Hobbs, IV Lutherville and Hagerstown, Maryland, February 20, 2024 – HWK Law Group announced today the newest member of its team, attorney Chester Hobbs. Chester brings with him a wealth of knowledge in...

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5 Ways to Show Yourself a Little Love This Valentine’s Day

Valentine's Day is a perfect opportunity to practice self-love and self-care. But remember, while this particular day puts love top-of-mind, self-love is an ongoing practice, and it's important to prioritize your well-being not just on Valentine's Day, but every day of the year! Everyone needs to...

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If You Own Any of These Assets, You Need to Watch Their Value

As we begin 2024, it is crucial to review estate planning goals and strategies that may be affected by changes in the federal estate tax exemption law. At the end of 2025, the Tax Cuts and Jobs Act (TCJA) the estate tax exemption, which is $10 million, adjusted for inflation, may revert to the...

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Case Study: How Concerned Should You Be about Estate Tax Issues?

If you have significant wealth, you may be exposed to future estate tax issues and burdens that must be acted on before the Tax Cuts and Jobs Act reduces the estate tax exemption in 2026. Developing and implementing the right estate planning and tax strategies takes time. You may need to prepare...

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