Maryland Code, TAX – GENERAL 13-805
Terms Used In Maryland Code, TAX - GENERAL 13-805
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Fiduciary: A trustee, executor, or administrator.
- Lien: A claim against real or personal property in satisfaction of a debt.
- 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
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(1) the person required to pay the tax; or
(2) the fiduciary estate on which the tax is imposed.
(b) Unpaid inheritance tax, interest, and penalties constitute a lien, in favor of the State, extending to:
(1) the assets of a small business for which an alternative payment schedule was granted under § 7-218 of this article; and
(2) any other property on which inheritance tax is due.
(c) Unpaid Maryland estate tax and interest constitute a lien, in favor of the State, extending to the estate that is subject to the Maryland estate tax.
(d) Unpaid Maryland generation-skipping transfer tax and interest constitute a lien, in favor of the State, extending to any property included in the generation-skipping transfer for which the Maryland generation-skipping transfer tax is due.