Monthly Archives: October 2024

B Corporations and Maryland Law
Some people, especially when they are in Internet troll mode, seem to think that businesses are the only way to accomplish anything, while others seem to take the attitude that businesses are the root of all evil. When you ask enough thoughtful questions to members of the latter group, though, they are usually willing… Read More »

Are Revocable Trusts Overrated?
Financial planners advertise revocable trusts as though they are an aspirational product, and they are beneficial to people who establish them for the right reasons. If you are setting up a revocable trust because someone told you that all the financially savvy people are doing it, or because a financial planner offered it to… Read More »

Auto Repair Shop Sues Insurance Companies for Scaring Away Customers
The purpose of carrying insurance is to avoid financial catastrophe in the event of an unforeseen hardship, but insurance companies manage to make their claimants go through plenty of hassles before they get any financial relief. Consider that “don’t get sick” is the best financial advice both for people with health insurance and for… Read More »

Earnest Money in Real Estate Transactions
Earnest means serious or sincere; earnestness is a desirable but rare quality in the parties to discussions about financial transactions. How many entrepreneurs strike up a conversation at happy hour in which they plan to join forces to buy the moon and stars and turn them into luxury condos or a mixed-use district but… Read More »

If You Placed a Child for Adoption, Can He or She Inherit From You?
Estate planning lawyers often say that you should never write a will when you are angry, but writing a will when you are angry is better than not writing one at all. Even if you wrote your will just to make sure that your cheating spouse or your ungrateful youngest daughter didn’t get a… Read More »