The 137th Preakness Stakes will be run in Baltimore on May 19th. Thousands of spectators will descend upon Pimlico Race Course to watch 12 thoroughbred horses race the track. But few will wonder, where do the race horses reside when they are not racing? In Maryland, horse farms occupy over … [Read more...]
The Law Office of Jane Frankel Sims Named a Finalist in the 2012 Maryland Chamber’s Small Business Awards
Monday, May 7th, 2012
The Maryland Chamber recently announced the finalists for the 2012 Small Business Awards in the 1-10 Employee category and The Law Office of Jane Frankel Sims was honored to be one of this year's finalists. The firm is extremely honored and excited about this recognition. The awards will be … [Read more...]
Estate and Gift Taxes in an election year – What will the future hold?
Monday, April 30th, 2012
Many of the tax provisions enacted by Congress at the end of 2010 are set to expire on December 31, 2012. Currently, there is a $5 million estate tax exemption and a tax rate of 35% on any amount over $5 million. The gift tax exemption amount is currently $5 million and the generation skipping … [Read more...]
IMPORTANT Federal Estate and Gift Tax update
Thursday, February 16th, 2012
Estate and Gift Tax Rules May be Changing for the Worse… Take Advantage of the Current Rules before the end of 2012 As you may know, President Obama released his 2013 Budget Proposal on Monday. Included in the proposal are changes to the estate tax, gift tax and generation skipping-transfer … [Read more...]
UPDATE on 2012 Heckerling Institute on Estate Planning
Tuesday, January 24th, 2012
Last week, owner and Managing Attorney Jane Frankel Sims and Associate Attorney John Robinson attended the Heckerling Institute on Estate Planning in Orlando, Florida. The Heckerling Institute is “the nation’s leading conference for estate planners.” This was Jane’s third year and John’s … [Read more...]
Legal Heads UP – NEW TAX LEGISLATION!
Thursday, November 3rd, 2011
The current Federal gift tax exemption of $5 million (or $10 million for married couples who elect to split gifts) is scheduled to revert to $1 million (or $2 million for married couples who elect to split gifts) on January 1, 2013. A proposal was submitted to the Super Committee to revert to a $1 … [Read more...]
The Law Offices of Jane Frankel Sims welcomes two new employees!
Thursday, October 20th, 2011
Jane Frankel Sims, Founder and Managing Attorney of the Law Office of Jane Frankel Sims, LLC, located in Towson, Maryland, is pleased to announce the expansion of her legal team with the addition of Laura Lynn Thomas and Sofia Scharlock. Ms. Thomas and Mrs. Scharlock join Associate Attorney John … [Read more...]
Founder and Managing Attorney is named a 2011 Daily Record Leading Woman
Thursday, October 20th, 2011
The Law Office of Jane Frankel Sims is proud to announce that its Managing Attorney, Jane Frankel Sims is being recognized as a 2011 Daily Record Leading Woman. This prestigious award is designated for exemplary young women under the age of 40 showing leadership and excellence. As … [Read more...]
Founder and Managing Attorney – Jane Frankel Sims wins Prestigious Smart CEO 2011 Brava Award
Friday, May 27th, 2011
The Brava Women Business Achievement Awards celebrate women business leaders who combine their irrepressible entrepreneurial spirit with a passion for giving back to the community. Join SmartCEO as we induct past Brava! winners into the Hall of Fame and celebrate the 2011 award recipients at an … [Read more...]
The Estate Planner’s Storybook of Everyday Tales and Unexpected Endings
Tuesday, May 10th, 2011
Mrs. Mildred Brown had been banking with First County Savings Bank and its predecessors for over thirty years. Fearful of the stock market, Mrs. Brown kept the vast majority of her assets in savings accounts at the bank. The teller at the local branch knew Mrs. Brown and her daughter, Cindy, … [Read more...]
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At the Law Office of JANE FRANKEL SIMS, we advise individuals and families on the tax-efficient transfer of wealth to the next generation. Our services are tailored to each client’s specific situation. For a complete list of our services, click here or call 410-828-7775.