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Bauersfeld, Burton, Hendricks & Vanderhoof, LLC has been offering attorney services to the Bethesda, MD community since 1918. Our Bethesda estate planning attorneys have more than 75 years of combined legal experience. Our services include corporate, commercial, estate administration, estate planning, guardianship, real estate and taxation (including planning and preparing income tax returns for individuals, charities, estates and trusts). Our Bethesda trust administration attorneys serve as personal representatives, counsel to established trusts, and trustees. We are a small office and are proud of our personalized service. Our goal is to provide the best service possible, educate our clients, and develop rewarding, long-lasting relationships. We are conveniently located near Rockville Pike and Old Georgetown Road. We are qualified by learning, experience and temperament to assist clients whose financial knowledge is limited but who must nevertheless make decisions of great consequence for themselves and their families.
6 Estate Planning Tips For Blended Families
It is estimated that more than half of U.S. families are remarried or re-coupled. If you are in this category and raising a blended family, you need to know how to protect your family and your assets.
How To Avoid The 8 Biggest Executor Mistakes
Being an executor can be a lot of work and a thankless job. It is a serious role that requires your attention and possibly exposes you to personal liability. Be mindful of your obligations and truthful with yourself as to whether you are up to the responsibility and workload.
Company Benefit Plan Designations Can Lead To A Huge Estate Planning Blunder
If you haven't checked the beneficiary designations on your employer-sponsored benefits since the day you started your job, your estate may be in for some surprises after you pass.
Estate Planning You Should Be Doing And When You Need To Be Doing It
Think of estate planning like jury duty. It may seem like a hassle, but the moment you’ve completed your service it's a huge relief and you’re off the hook...for now.
Why Estate Planners Aren't Just For The Ultra-Rich
There’s a misperception that estate planning is only for the ultra-wealthy.
Astute Estate Planning For Art, Antiques And Valuable Collectibles
Collectibles like art, and antiques pose special estate planning challenges and opportunities. Here are some tips to painlessly drive this wealth needle.
U.S. Billionaires Are Living Longer, Making Their Heirs Wait
Concentrated wealth and extended lifespans have created a gold-plated family planning industry for the super rich.
How Lee Radziwill's Estate Plan Reflected the Refined Elegance Of Her Life
Lee Radziwill had legendary sense of style and family pedigree. The recent probate of her will shows she also had an estate plan that reflected the importance of privacy and family history.
Estate planning: 6 steps to ensure your family is financially ready for when you die
Only 42 percent of Americans have a will or other estate planning documents, according to a 2017 Caring.com study.
Kristoff St. John’s daughter challenges handwritten will discovered by his father
She wants a neutral third party put in charge.
5 Estate Planning Strategies For Singles
Are you single and approaching retirement without an estate plan? Death bed planning is not fun, and neither is becoming incapacitated and not having named the right people to care for you and your assets. Put a plan in place to take care of yourself now while you are the decision maker.
This is the No. 1 issue keeping you from inheriting that windfall
Prickly family dynamics are getting in the way of your inheritance. Close to 80 percent of financial advisors polled by Key Private Bank said the biggest estate planning challenge is navigating your relationships with your relatives.
A Massachusetts woman could lose the home she has lived in for most of her life because her stepfather did not leave a will
Estate planning triggers: When to re-evaluate your estate planning strategy
Think of this as your starter guide to keeping your estate plan up-to-date.
Here's how to prepare your heirs for the $68 trillion (with a T) 'great wealth transfer'
Over the next 25 years, baby boomers will pass to their children a mind-boggling $68 trillion — the biggest generational wealth transfer ever. Here's how those lucky heirs can keep the taxman at bay.
A cat could be set to inherit a fortune after Karl Lagerfeld's death
Choupette, the feline companion of Chanel chief Karl Lagerfeld, could be poised to inherit millions of dollars after his death on Tuesday.
Why that secret cash payment to your nanny could backfire on your taxes
It's time to make things official with your nanny, or else you risk catching heat from the IRS. Here's what you should know about household employees and taxes.
10 Surprising Things That Are Taxable
If you've picked up some extra cash through luck, skill or criminal activities, there's a good chance you owe taxes on that money as well
What Is the "Stretch IRA" Concept?
The "stretch IRA" is a wealth transfer method that allows you to "stretch" your IRA over future generations.
6 Ways To Protect Your Foreign Assets In Estate Planning
Whether you have inherited a foreign property or purchased it as your dream vacation home, make sure you speak with your advisors to overcome the legal and tax hurdles of ownership.
Expecting a big tax refund? Don't be so sure
There is an important unknown for most Americans as the first filing season under the 2017 tax overhaul starts Monday: How big will their refunds be?
Here's how to avoid accidentally disinheriting your kids after a remarriage
Planning for what happens to your assets upon your death helps ensure that your children end up inheriting what you want them to have.
Estate Planning Is Still Important | ThinkAdvisor
The Tax Cuts and Jobs Act has changed the exemption — but not the need to think carefully about the future.
1 in 5 Americans living with a partner are hiding a bank account or credit card
"You need to get on the same page regarding your general direction, otherwise your financial union is doomed to fail."
IRS to waive tax penalties for underwithholding and underpayment
Most taxpayers who didn't properly adjust their withholding after the Tax Cuts and Jobs Act won't face penalties.
Peter Mallouk On The Most Important Things You Can Do With Your Money
Like most wealth managers, Peter Mallouk helps clients establish a long-term personal and financial plan. Yet he also emphasizes living in the present by enjoying the things and experiences that money can buy. Here, he shares three of the most important things you can do with your money.
Guide to finding an estate planning attorney who is right for you - San Francisco Business Times
When looking for an estate planning attorney, many individuals feel more comfortable with getting a personal referral than by embarking on an internet search. Asking for a referral from friends and other professionals can be a helpful start to finding an experienced attorney. However, a referral to....
Avicii Died Without A Will But Illustrated An Important Lesson
Avicii died with an estate worth at $50 million or more, but he did not have a will. His assets pass to his parents, with nothing to charitable causes he supported in life, or his siblings. Is this what he would have wanted?
Reviewing Your Financial And Estate Planning Checklist
After taking inventory of your possessions, including your home, vehicle, stocks, life insurance policies, etc., there are many steps you will need to take to protect these assets -- and yourself.
The Estate Planning Gift To Give Your Millennial Children In 2019
One thing driving Boomers crazy is their children’s estate planning – or lack thereof. What can they do to ensure their children do the right thing when it comes to estate planning? Make a gift of estate planning.
7 Reasons It's Time To Update Your Estate Plan
The most frequent estate planning error probably is not having a plan. The second is not updating an existing plan.
Small businesses face choices on tax reform before the end of the year
There has been a lot of confusion about which businesses will qualify for the pass-through deduction and other tax breaks.
6 money moves to make to reduce your tax burden before year-end
Because of the new higher standard deduction, you should focus on year-end money moves that lower your taxable income, rather than max out deductions.
3 Worst Estate Planning Mistakes and How to Avoid Them
Larry Light details some surprising estate planning mistakes most of us make and how to easily fix them.
Stan Lee’s tangled web of estate planning and how to avoid it in your own life
Here are 9 questions to ask during your own estate planning.
The 8 Things You Need to Do to Preserve Your Wealth
Follow this wise advice from a successful entrepreneur to find out how to hold on to the money you make.
Estate-Planning Strategies for Art and Collectibles Explained
Three experts offer advice for clients who own valuable paintings, antiques and more.
The Value Of Communication With Aging Parents' Estate Attorneys
Getting permission from your aging parent to communicate with their estate planning attorney can save considerable stress later. Do this while your loved one is competent enough to understand the need to update estate documents and to make good decisions. They could lose that ability overnight.
Ryan Maghan- Mortgage Loan Officer
Check out these views of the Hepburn building in DC 👀
On November 5, Adam Moskowitz who is an #Estate Attorney, will be holding a live event here!
If you’re interested in learning about wills, trusts, and protecting your estate, you can come as my guest!
Real Estate agents that are interested please contact me! Estate Attorneys can be a HUGE referral source for you as well as a valuable Resource.
7 common mistakes to avoid when naming your beneficiaries | WTOP
If something happened to you or your spouse, who would get all your assets? It’s morbid but necessary to consider. Here’s what you need to know.
BBHV's Adam Moskowitz speaking at his "Wine & Wills" event at The Hepburn!
Good Estate Planning Can Save So Much Hassle, And Sad Celebrity Stories Are Proof
These essential lessons from celebrities can help start conversations most people may try to avoid.
How To Incorporate Philanthropic Giving Into Your Estate Plan
No matter your motivations for giving, philanthropy can be simultaneously personally fulfilling and financially beneficial, while allowing you and your family to leave a legacy that reflects your passions, values and priorities.
Family finances: Even millennials need an estate plan
For most millennials, getting a will is likely at the bottom of their to-do list -- if it even makes the list.
Here's what to do if the lottery makes you an instant millionaire
Top-prize winners in either of this week's drawings would need to make several key decisions right off the bat.
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