HOUSE BILL 645

File Code: Estates and Trusts

Sponsored By:

Delegate Feldman

Entitled:

Estates and Trusts - Elective Share of Surviving Spouse - Net Estate

Synopsis:

Clarifying that a net estate for determining the statutory elective share of the surviving spouse includes the value of property held in the decedent's revocable trust, with specified reductions, and does not include the value of specified property owned by the decedent that is designated to pass to a specified beneficiary; limiting the surviving spouse's elective share of the net estate to a specified amount; and applying the Act prospectively.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.

House Action

2/9

First Reading Judiciary

2/10

Hearing 3/11 at 1:00 p.m.

2/17

Hearing cancelled

2/23

Unfavorable Report by Judiciary Withdrawn

Senate Action

No Action

Bill indexed under the following Subject:

Estates and Trusts

Bill affects the following Statute:

Estates and Trusts

( 3-203 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Not available at this time

Amendments: None offered