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New Maryland Statute of Limitations period for some Breach of Trust Actions

October 24th, 2018

Effective October 1, 2018, Maryland enacted a one-year statute of limitations period for breach of trust actions where (1) the beneficiary (or beneficiary’s representative) has been sent a report which adequately discloses a potential breach of trust claim or the… Read More

2018 Student Loan Debt Relief Tax Credit – APPLICATION DEADLINE 9/15/18

August 21st, 2018

On August 20, 2018, the Maryland Higher Education Commission (MHEC) Secretary, Dr. James D. Fields, announced that applications for the 2018 Student Loan Debt Relief Tax Credit Program (hereinafter referred to as the “Relief Program”) are now being accepted. The… Read More

Three Thomas & Libowitz, P.A. attorneys named to 2019 Best Lawyers list

August 15th, 2018

We are pleased to announce that three lawyers have been included in the 2019 Edition of The Best Lawyers in America. The following attorneys have been listed: Francis R. Laws – Employment Law – Management, Litigation – Labor and Employment… Read More

Jury awards $6.6 million to executive as compensation for sale of old Sparrow Point steel mill to developers

August 2nd, 2018

Represented by Thomas & Libowitz, P.A. attorney Andrew O’Connell, a federal jury in Baltimore, MD awarded a multimillion dollar verdict against a St. Louis based developer for wrongfully refusing to pay a former employee a commission he earned on the… Read More

Dispelling A Few (Mostly) False Beliefs About Divorce in Maryland – No.1: Adultery

July 27th, 2018

By Margaret L. Argent A series of posts about some common divorce law misconceptions that I have encountered over my years of family law practice, in no particular order. (Ok, well that’s not true. Let’s start with sex. That’s a… Read More

Litigation Holds – The Triggers and Consequences For Failing to Preserve Evidence

July 11th, 2018

  In 2012, when Plantronics received notice of GN Netcom’s antitrust lawsuit against it, the company informed its employees to preserve information that could be relevant to the lawsuit through a litigation hold — an instruction to hold, or stop,… Read More

Maryland Minimum Wage Goes up on Sunday, July 1, 2018. Make sure your business is prepared.

June 28th, 2018

Maryland’s minimum wage will increase effective this Sunday, July 1, 2018. For employers in all counties except Prince George’s and Montgomery, the new minimum wage will be $10.10 per hour, up from the $9.25 that has been in effect since… Read More

Federal Estate Exemption now $11.2M, Maryland’s to be $5.0M in 2019 – How to keep new estate tax exemption laws from endangering your wills and trusts

April 17th, 2018

Now that the federal estate exemption is $11.2M per person and the Maryland Legislature has passed a new $5.0M per person estate exemption,* do you really need to worry about visiting your lawyer to make any revisions to your will… Read More

FYI, a sign of things to come? Contemplating HB308, Maryland Estate Tax – Unified Credit, the $5.0MM exemption equivalent and Maryland portability amendments.

March 13th, 2018

Please see House Bill 308, Maryland Estate Tax – Unified Credit, showing the $5.0MM exemption equivalent and Maryland portability amendments that were adopted by the House. We anticipate that the Senate will adopt the same amendments.  

2017 Tax Act and Changes in Rules for Like-Kind Exchanges

February 22nd, 2018

An exchange of property, like a sale, generally is a taxable event. However, under Section 1031 of the Internal Revenue Code prior to the enactment of the 2017 Tax Act, no gain or loss is recognized if property held for… Read More