Maryland Code, ESTATES AND TRUSTS 1-301
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maryland Code, ESTATES AND TRUSTS 1-301
- Decedent: A deceased person.
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
- Personal property: All property that is not real property.
- Personal representative: includes an administrator and an executor. See
(a) All property of a decedent shall be subject to the estates of decedents law, and upon the person‘s death shall pass directly to the personal representative, who shall hold the legal title for administration and distribution, without any distinction, preference, or priority as between real and personal property.
(b) The court may determine questions of title to personal property not exceeding $50,000 in value for the purpose of determining what personal property is properly includable in an estate that is the subject of a proceeding before the court.