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16 Jun
How Assisted Reproductive Technology and DNA Testing Affect Your Estate Planning

How Assisted Reproductive Technology and DNA Testing Affect Your Estate Planning

As technology develops, the law surrounding it usually struggles to keep pace. A key unresolved legal area surrounds Artificial Reproductive Technology (ART). ART encompasses in vitro fertilization (IVF) and cryogenically preserving embryos, and what happens to those embryos in different situations. Frozen Assets: The Complicated Status of Genetic Materials ART has created confusion about ownership, […]

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6 May
Estates and Trusts Law Updates from the Maryland 2025 Legislative Session

Estate and Trusts Law Updates from the Maryland 2025 Legislative Session

The Maryland General Assembly's 2025 legislative session brought forth several important bills related to estate planning and administration that could impact how families plan for the future. At Sessa & Dorsey, we don’t just draft documents, we help you adapt your strategy as laws, lives, and legacies evolve. Here's a look at the most recent legislation and what it could mean for your estate plan.

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4 Sep
Woman calculating at computer.

The 2026 Sunset: How the TCJA Expiration Could Impact Your Estate and What to Do Now

The 2017 Tax Cuts and Jobs Act (TCJA) effectively doubled the federal lifetime gift and estate tax exemptions from $5 million to $10 million, with adjustments for inflation from year to year. And while the federal exemption will increase in 2025 due to inflation, the provisions of the TCJA, which expanded the exemption amounts, are […]

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2 Jul

Supreme Court Decision Shakes Up Succession Planning: 5 Essential Next Steps for Business Owners

Recently, the US Supreme Court issued a ruling that will significantly impact business owners and the practice of funding entity purchase buy-sell arrangements with life insurance. Following the decision of Connelly vs. United States, the value of a business owner’s life insurance death benefits must now be included in the overall valuation of a business in certain circumstances […]

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17 Apr

3 Ways to Modify Your Trust Agreement for Changing Circumstances

When trusts are designed to last for decades or generations, many of our clients eventually feel some growing pains, telling us that the trust agreement “doesn’t fit” or feels “out of date” given their current circumstances. This disconnect can be driven by several factors – the physical movement of trustees and beneficiaries across state lines, […]

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3 Apr

How to Make Leveraged Use of Your Federal Lifetime Estate and Gift Tax Exemption

As January 1, 2026, creeps closer and the “sunset” of the increased federal lifetime estate and gift tax exemption is less than two years away, many clients are seeking ways to use the increased federal exemptions for estate and gift tax purposes (the “Lifetime Exemption”). While the Lifetime Exemption is currently $13.61 million per person, […]

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22 Aug

End-of-Summer Checklist: 6 Financial Considerations and Annual Maintenance Reminders

Last year, we created an end-of-year list of some financial considerations and annual maintenance items that clients should consider. As fall approaches, we want to revisit some of those items while also outlining some additional considerations which may require more time and effort to address. 1. Prepare and/or Revise Your Personal Inventories We often advise […]

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27 Apr
7 Important Estates & Trusts Law Updates for Maryland in 2023

7 Important Estates & Trusts Law Updates for Maryland in 2023

With the conclusion of the 2022 Maryland legislative session, there are several estates and trusts law changes – from the rules involving remote and electronic execution of estate planning documents, to changes regarding RULONA, and the signing of Maryland’s new Supported Decision-Making Statute. Below are 7 key takeaways related to estate planning from this year’s […]

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