A Boutique Trusts & Estates Law Firm

Keeping Wealth in The Family

Serving Clients in Annapolis and Towson and the Surrounding Area

Estate and Trust Planning, Controversy and Administration

At Sims & Campbell, our estate planning lawyers advise individuals and families on transferring wealth by will, trust or gift, administering estates, and pursuing or defending trust and estate litigation. The firm develops estate plans that help clients in all family situations provide for beneficiaries, minimize gift and estate taxes, preserve and protect assets, designate guardians of minor children, and benefit charitable organizations. Sims & Campbell provides guidance on complex trust and estate legal issues with common sense, clarity and human understanding. Our goal is to help you keep your property in the family so that it is preserved for future generations.

Knowledgeable Guidance in Estate and Estate Tax Planning

Many of the services that we provide for clients involve complex intergenerational estate planning. Some of these matters are resolved on a flat-fee basis. We can assist our clients with transferring property to family and friends with minimal estate tax. When property is transferred, both state and federal estate tax are often imposed. With proper estate planning, clients can maximize their estate tax exemptions and minimize estate tax due upon death. Strategies that may be used to minimize estate tax when transferring assets to the next generation include placing assets in a trust, limited partnership or LLC and gifting or selling assets at a discounted value.

Legal Representation for the Administration of Estates

Our estate planning attorneys assist clients who have lost loved ones with the administration of estates. In Maryland, estates may be probated as small, regular or modified. A small estate consists of assets subject to probate that are valued at $50,000 or less, unless the spouse is the sole heir or legatee of the estate, in which case the limit for a small estate is $100,000. A regular estate is required if the decedent’s property has a value in excess of these amounts. The value of the assets is determined by the property’s fair market value at the date of death minus any debts secured by the property at such time.

We often recommend the streamlined modified estate administration process that does not necessitate accounting for all income of the estate after the date of death. Modified administration is available when all heirs or legatees are limited to spouse, descendants or trusts for such persons.

In many cases, the creation of a trust is a useful way to avoid the probate process, the court supervised system whereby assets are transferred from the name of a decedent to the names of beneficiaries. Assets placed in a trust prior to death can avoid probate. Trust documents must name a trustee, a person or entity that acts in a fiduciary capacity for the best interests of specified beneficiaries. A trustee is required to prudently invest assets, prepare tax returns, communicate with beneficiaries, and make distributions of trust property.

Vigorous Advocacy in Litigation

Through our strategic relationship with Silverman Thompson Slutkin White, LLC, we provide our clients with access to a deep bench of estate and trust litigators to handle even the most complex estate and trust litigation matters. Estate litigation includes will contests or caveat proceedings and fiduciary malfeasance claims.

Consult an Estates and Trusts Lawyer

If you want to dispose of your property in a way that preserves it for your loved ones, it is crucial to consult an estates and trusts attorney. Serving Maryland, Washington, D.C., Virginia, New York, Pennsylvania and Arizona, the estate planning lawyers at Sims & Campbell are ready to assist you with dedication and compassion.

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For Immediate Release

Contact: Jane Frankel Sims

410-828-7775

Contact: Frank Campbell

410-263-1667

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.