BDBF News and Legal Updates

An irrevocable life insurance trust (or “ILIT”) can be a critical component of estate planning for certain clients. Typically, the client who might benefit from an ILIT is the client who anticipates exposure to estate tax. At present, this includes DC clients who have more than $4 Million in total assets (life insurance, real estate,...

Our family law clients know all too well that even after a divorce trial ends, child support obligations and negotiations can continue. Clients often come to us seeking to modify or terminate their child support obligation. Sometimes clients come to us standing accused of missing support payments because they assume their child support obligation has...

We have previously discussed powers of attorney and their role in estate planning. When we circulate draft estate planning documents to clients, we often get questions about the language within these documents. Here, we’ll shed a little bit more light on the language within these documents, how the documents were created, why we don’t recommend...

Paying for unexpected medical bills is a major source of financial and emotional strain for injury victims. We have previously written about the various resources injured parties have to help pay their medical bills when they are injured in an accident that was some one else’s fault. Every healthcare provider wants to do their part...

Bulman Dunie is so proud of partner Meg Rosan and associate Liz Farley, who were both honored at the 2023 Bar Association of Montgomery County Annual Meeting and Law Day. Meg Rosan was the co-recipient of the 2023 President’s Citation for Outstanding Service. Meg was co-Chair of the Bar Association’s Strategic Planning Committee in 2022-2023....

The grounds for divorce available in Maryland have been expanding in recent years and, effective October 1, 2023, they expand even further. Where Things Stand Now Before October 1, 2023, spouses could  seek a divorce without any waiting period, without a declared reason for doing so, but only if all issues of custody, support, and...

When most folks hear of “decanting”, they think of wine. When estate and trust attorneys hear of “decanting”, yes, many of us think about wine, but we also think about an important legal principle. The Maryland legislature passed a bill that will head to Governor Moore’s desk for signature permitting trust “decanting”. Decanting is the...