2536 LAWS OF MARYLAND Ch. 862
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect January 1, 1979.
Approved May 29, 1976.
CHAPTER 863
(House Bill 83)
AN ACT concerning
Estates and Trusts - Small Estates
FOR the purpose of increasing the maximum amount of a
decedent's estate to come under a small estate
administration.
BY repealing and reenacting, with amendments,
Article - Estates and Trusts
Section 5-601 and 5-605
Annotated Code of Maryland
(1974 Volume and 1977 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:
Article - Estates and Trusts
5-601.
If the property of the decedent subject to
administration in Maryland is established to have a gross
value of [$5,000] $7,500 or less, the estate may be
administered in accordance with the provisions of §§ 5—602
through 5—607. An inheritance tax is not due or payable on
a distribution from such estate.
5-605.
Property of the decedent discovered after the filing of
the petition shall be reported immediately by supplemental
petition. If no administration was had in accordance with §
5-603(a)(4) because of the failure to include
after-discovered property in the original petition, the
register shall direct appropriate proceedings. If
after—discovered property increases the gross value of all
property of the decedent to more than [$5,000] $7,500, any
further proceeding may not be had under this subtitle, but
the administration shall proceed under the other provisions
of the estates of decedents law.
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