A Boutique Trusts & Estates Law Firm

All Eyes Turn To Governor O’Malley For Estate Tax Cut

Monday, April 28th, 2014

Maryland is ready to shed its reputation as one of the “worst places to die,” if Governor Martin O’Malley signs recent estate tax legislation into law.

As previously blogged, the General Assembly passed a bill (HB 83) that would gradually increase the estate tax exemption from its current $1 million to more than $5 million over the next five years.

Forbes Magazine has labeled Maryland one of the worst places in the country to die, due in part to its estate tax. If the new law goes into effect, Maryland’s ranking would increase dramatically, especially compared to its immediate neighbors Pennsylvania, New Jersey and DC.

Will the Governor sign it into law? Vetoes are rare in Maryland, but O’Malley has been cagey about his views on this particular tax cut. He never endorsed it, although he may have used it as leverage in his effort to push a minimum wage increase through the legislature. In the end, he got most of the wage increase he wanted, so many expect him to follow through and sign the estate tax cut.

The Governor has set aside May 5 and May 14 for signing legislation, so we are sure to know his answer before Memorial Day. Stay tuned


For Immediate Release

Contact: Jane Frankel Sims


Contact: Frank Campbell


Sims & Campbell Estates and Trusts

Frankel Sims Law and Holden & Campbell
Merge to Form Sims & Campbell

Firm will offer comprehensive Trusts & Estates services through offices in Towson and Annapolis

TOWSON, Md. (April 26,2019)  Frankel Sims Law and Holden & Campbell have jointly announced the merger of their firms to create a boutique Trusts & Estates law firm providing comprehensive services in the fields of Estate Planning, Estate Administration, Trust Administration and Charitable Giving. The combined firm will be named Sims & Campbell and have offices in Towson, Md. and Annapolis, Md.  Jane Frankel Sims and Frank Campbell will lead and hold equal ownership stakes in the firm.

Sims & Campbell will have 9 attorneys and 15 legal professionals that handle every facet of estate and wealth transfer planning, including wills, revocable living trusts, irrevocable trusts, estate and gift tax advice, and charitable giving strategies.  The firm will focus solely on Trusts & Estates but will serve a wide range of clients, from young families with modest resources to ultra-high net worth individuals.  This allows clients to remain with the firm as their level of wealth and the complexity of related estate and tax implications change over time. 

“By joining forces, we have expanded our footprint to conveniently serve clients in Maryland, D.C. and Virginia” said Jane Frankel Sims.  We are seeing some of the greatest wealth transfer in our country’s history, and we want to continue to be on the leading edge of helping our clients maintain and enhance their family’s wealth.  In addition, we aim to serve our clients for years to come, and the new firm structure will allow Sims & Campbell to thrive even after Frank and I have retired.”    

“Jane and I have always admired each other’s firms and recognized the need to provide even greater depth and breadth of focused expertise to help families amass and protect their wealth from generation to generation,” said Frank Campbell.  “Now we have even greater capabilities to make a real difference for our clients.” 

The Sims & Campbell Towson office is located at 500 York Road, on the corner of York Road and Pennsylvania Avenue in the heart of Towson.  The Annapolis office is currently located at 716 Melvin Avenue, and is moving to 181 Truman Parkway in August, 2019.  For more information, visit www.simscampbell.law.