clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1989
Volume 771, Page 4588   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

VETOES

ADMINISTRATION OF DECEDENTS' ESTATES NOT OTHERWISE SPECIFIED IN
SUBSECTIONS (C) THROUGH (L) OF THIS SECTION, THE PROBATE FEES
UNDER PARAGRAPH (2) OF THIS SUBSECTION.

(2) PROBATE FEES SHALL BE ASSESSED ON THE VALUE OF
THE PROBATE ESTATE AT THE FOLLOWING RATES:

IF THE VALUE

OF THE PROBATE

ESTATE IS BUT LESS THE FEE
AT LEAST                        THAN IS

(I)          — $ 10,000 $ 50

(II)   $ 10,000         $ 20,000         $ 100

(III)  $ 20,000         $ 50,000         $ 150

(IV)   $ 50,000         $ 75,000         $ 200

(V)    $ 75,000         $ 100,000         $ 300

(VI)   $ 100,000         $ 250,000         $ 400

(VII)  $ 250,000         $ 500,000         $ 500

(VIII) $ 500,000         $ 750,000         $ 750

(IX)   $ 750,000         $1,000,000         $1,000

(X)    $1,000,000         $2,000,000         $1,500

(XI)   $2,000,000         $5,000,000         $2,500

(XII)  $5,000,000 —                  $2,500 PLUS

.02% OF
EXCESS OVER
$5,000,000

(3) FOR PURPOSES OF DETERMINATIONS UNDER PARAGRAPH
(2) OF THIS SUBSECTION, THE VALUE OF A PROBATE ESTATE IS THE
AMOUNT, AS REFLECTED IN THE ADMINISTRATION ACCOUNTS FILED IN THE
PROCEEDINGS, THAT EQUALS:

(I) THE SUM OF:

1.  THE VALUE OF ALL INVENTORIES FILED IN
THE PROCEEDINGS;

2.  ALL PRINCIPAL AND INCOME RECEIPTS; AND

3. ALL INCREASES REALIZED ON A
DISPOSITION, OTHER THAN A DISTRIBUTION TO BENEFICIARIES, OF ANY
PROBATE ASSET; LESS

(II) ALL DECREASES REALIZED ON A DISPOSITION,
OTHER THAN A DISTRIBUTION TO BENEFICIARIES, OF ANY PROBATE ASSET.

(4) (I) EXCEPT AS PROVIDED IN SUBPARAGRAPH (II) OF
THIS PARAGRAPH, THE REGISTER SHALL ASSESS AND COLLECT THE PROBATE
FEE WHEN THE FIRST ADMINISTRATION ACCOUNT IS FILED.

- 4588 -

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1989
Volume 771, Page 4588   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 11, 2023
Maryland State Archives