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Tag Archives: Estate Administration Baltimore County Maryland

How Much is a Personal Representative Compensated in Maryland Probate?

If you have taken on the responsibility of being the Personal Representative of an estate in Maryland, you may be wondering if—and how much—you will be compensated for your time and effort.   The role of Personal Representative involves a variety of tasks and responsibilities, which we have written about in our post “What is […]

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The Importance of Homeowner’s Insurance for Maryland Probate

Homeowner’s insurance is an often-overlooked aspect of estate administration. If you are the Personal Representative of an estate, you have the fiduciary responsibility of securing and protecting all of the decedent’s assets, which includes making sure their homeowner’s insurance remains in effect for the estate’s real property.   As the Personal Representative you should determine […]

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Do I Need a Probate Bond for a Maryland Estate?

A probate bond is a form of insurance designed to protect the estate and all beneficiaries from fraudulence or mismanagement by the estate’s Personal Representative. In most cases, Maryland state law requires a probate bond with a few exceptions, including:   1. If the decedent’s will explicitly waives the bond; 2. If all heirs or […]

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What Is the Interested Persons Form for a Maryland Probate Estate?

Maryland law defines an “interested person” as anyone listed in a will, an immediate family member, and a legatee or a trust now receiving interest from assets resulting from the person’s passing.   The Interested Persons form must be filed along with the petition and should include any person or entity with a potential interest […]

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How Should I Prepare for a Meeting with a Maryland Probate Attorney?

Before meeting with a Maryland probate attorney, it is important to be as prepared as possible. This post will provide an overview of what you will need and what questions to ask.   Begin by thinking carefully about your goals and concerns. If you are uncertain about any aspect of the probate process, come prepared […]

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Do Life Insurance and Retirement Benefits Need to Go Through Probate in Maryland?

Before meeting with a Maryland probate attorney, it is important to be as prepared as possible. This post will provide an overview of what you will need and what questions to ask.   Begin by thinking carefully about your goals and concerns. If you are uncertain about any aspect of the probate process, come prepared […]

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What Is Ancillary Probate in Maryland?

When someone passes away in Maryland, their estate typically goes through probate, but if the deceased person owned real estate or other assets in another state, ancillary probate may be required to transfer ownership of those assets to their heirs or legatees.   The primary probate process occurs in the state where the deceased person […]

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Inheritance Rights for Domestic Partners Expanded Under New Maryland Law

One of the significant changes introduced by Maryland Senate Bill 792 relates to the treatment of estate taxes for individuals in domestic partnerships. In the past, if a partner did not possess a will at the time of their death, their property would be subject to Maryland’s intestate laws. This new legislation, however, aims to […]

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Determining the Value of an Estate in Maryland

Understanding how an estate is valued is a crucial step in the probate process. In the state of Maryland, the valuation of an estate involves several considerations, and navigating these complexities is important for both the Personal Representative and the beneficiaries.   Appraisal of Assets   One of the primary steps in estate valuation is […]

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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, […]

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