The Hierarchy of Payments From an Estate in Maryland
During the process of administering an estate, you might discover that the assets in the estate are not sufficient to pay all claims made against the estate. If you find yourself in this situation as a Personal Representative, Maryland law specifies a hierarchy of payments. The hierarchy is as follows: 1. Fees due to […]
- Posted by reichertlegal
- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Carroll County Maryland, Estate Administration Frederick Maryland, Estate Administration Lawyer Maryland, Probate Attorney Baltimore Maryland, Probate Attorney Columbia Maryland, Probate Baltimore County Maryland, Uncategorized
- Jan, 27, 2024
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What Happens with Your Debt When You Die in Maryland?
The passing of a loved one is a challenging and emotional time, and dealing with their financial affairs can be equally daunting. It’s important to understand the legal and financial processes that can happen when a person passes away and leaves behind debt. Estate Administration Process In Maryland, when a person passes away, […]
- Posted by reichertlegal
- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Probate Baltimore County Maryland, Probate Carroll County Maryland, Probate Columbia Maryland, Probate Lawyer Maryland, Probate Montgomery County Maryland, Probate North Bethesda Maryland, Probate Prince George's County Maryland, Uncategorized
- Oct, 26, 2023
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Ways to Avoid Disputes Over Family Heirlooms
Family heirlooms can create problems among family members after a loved one has passed away. Even if the deceased had a will or trust in place, these documents may not address specific items, leaving family members the task of dividing up heirlooms fairly. This post explores ways to avoid disputes over family heirlooms. If […]
- Posted by reichertlegal
- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Harford County Maryland, Estate Administration Howard County Maryland, Estate Administration Olney Maryland, Estate Administration Prince George's County, Estate Planning Anne Arundel County Maryland, Estate Planning Baltimore County, Estate Planning Baltimore Maryland, Estate Planning Glenmont Maryland, Uncategorized, Wills Baltimore Maryland, Wills Columbia Maryland
- Oct, 05, 2023
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What is the Role of a Personal Representative?
A Personal Representative (aka executor) is a person appointed in an estate plan, or, when there is no will, appointed as a matter of law or by the court. This role involves ensuring that the decedent’s wishes are fulfilled when distributing assets, as well as managing the decedent’s affairs, including paying taxes and other bills. […]
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- Posted in Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Carroll County Maryland, Estate Administration Frederick Maryland, Estate Administration Glassmanor Maryland, Estate Planning Annapolis Maryland, Estate Planning Aspen Hill Maryland, Estate Planning Attorney North Bethesda Maryland, Estate Planning Carroll County, Estate Planning Howard County, Lawyer Baltimore Maryland, Maryland Inheritance Laws, Probate Lawyer Baltimore, Uncategorized
- Aug, 25, 2023
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What Is a Surviving Spouse Entitled to Receive Under Maryland’s Elective Share Statute?
Maryland’s Elective Share Statute was designed to prevent a surviving spouse from being disinherited. House Bill 99, signed by Governor Hogan in 2019, expanded the assets included in calculating what a surviving spouse could inherit. Under the previous bill, only probate assets were subject to the elective share statute. Under the augmented statute, non-probate […]
- Posted by reichertlegal
- Posted in Durable Power of Attorney Maryland, Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Carroll County Maryland, Estate Administration Frederick Maryland, Estate Administration Montgomery County Maryland, Estate Planning Anne Arundel County Maryland, Estate Planning Baltimore Maryland, Estate Planning Glen Burnie Maryland, Uncategorized
- Sep, 14, 2022
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Must I Open a Maryland Probate Estate if the Only Asset is a Motor Vehicle?
If the motor vehicle is co-owned, and the other owner is alive, then the vehicle will not be subject to a probate estate. However, if the vehicle is in the decedent’s name only, with no surviving co-owner, then a probate estate is necessary. If the vehicle is worth less than $50,000 then a small estate […]
- Posted by reichertlegal
- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Maryland, Probate Attorney Baltimore Maryland, Probate Attorney Maryland, Probate Baltimore County Maryland, Probate Frederick County Maryland, Probate Lawyer Maryland, Probate Prince George's Maryland
- Feb, 28, 2022
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Letters of Administration for Foreign Small Estate in Baltimore City
If property is located in Baltimore, Maryland, and needs to be transferred via an estate opened in another state, a Foreign Proceeding must be opened. When a Foreign Small Estate is opened in Baltimore City the Register of Wills Office does not issue a Letter of Administration as they would in a regular Small Estate. […]
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- Posted in Attorney Baltimore Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Planning Baltimore County, Estate Planning Baltimore Maryland, Probate Attorney Baltimore Maryland, Probate Baltimore County Maryland, Probate Law Baltimore Maryland, Probate Law Baltimore Maryland, Probate Lawyer Baltimore, Wills & Trusts Baltimore Maryland
- Oct, 08, 2020
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How Long Do Creditors Have to Bill an Estate in Maryland?
In Maryland, the creditors have six (6) months to file a claim. The bill must be sent to the Personal Representative and filed with the Register of Wills. If you are a Personal Representative of an estate and waiting for a bill from the hospital or other creditor, it might be a good idea to […]
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- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Carroll County Maryland, Estate Administration Chillum Maryland, Estate Administration Clinton Maryland, Estate Administration Frederick Maryland, Estate Administration Glassmanor Maryland, Probate Attorney Maryland, Probate Attorney Pikesville Maryland, Probate Carroll County Maryland, Probate Howard County Maryland, Probate Law Baltimore Maryland, Probate Montgomery County Maryland, Probate Prince George's Maryland, Uncategorized
- Jul, 19, 2020
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My Spouse Died Without a Will in Maryland, Can I Manage Their Estate?
In Maryland, if you are married at the time of your spouse’s death, then you may have an interest in being the personal representative of the estate and inheriting their property. However, if your spouse has adult children, they may also have a property interest. Or, there may be a shared property interest depending on […]
- Posted by reichertlegal
- Posted in Estate Administration Baltimore County Maryland, Estate Administration Carroll County Maryland, Estate Administration Howard County Maryland, Estate Administration Olney Maryland, Probate Attorney Baltimore Maryland, Probate Attorney Maryland, Probate Carroll County Maryland, Probate Frederick County Maryland, Probate Law Maryland, Probate Lawyer Maryland, Probate Montgomery County Maryland, Probate Prince George's County Maryland
- May, 18, 2020
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Do I Need a Bond for the Personal Representative of my Maryland Estate?
Whether or not you need a bond for your personal representative depends on your specific circumstances. Generally, a personal representative bond is a surety bond to protect the beneficiaries of the estate against fiduciary misconduct. If the bond is in the form of an insurance, then there also needs to be a power of attorney […]
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- Posted in Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Carroll County Maryland, Estate Administration Chillum Maryland, Estate Administration Clinton Maryland, Estate Administration Frederick Maryland, Estate Administration Glassmanor Maryland, Estate Administration Harford County Maryland, Estate Administration Howard County Maryland, Estate Administration Lawyer Maryland, Estate Administration Maryland, Estate Administration Montgomery County Maryland, Estate Administration Olney Maryland, Estate Administration Prince George's County, Estate Planning Annapolis Maryland, Estate Planning Anne Arundel County Maryland, Estate Planning Carroll County Maryland, Estate Planning Hagerstown Maryland, Estate Planning Rockville Maryland, Estate Planning Silver Spring Maryland
- Feb, 18, 2020
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