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§ 3-403. Election to take an elective share

West's Annotated Code of MarylandEstates and TrustsEffective: October 1, 2020

West's Annotated Code of Maryland
Estates and Trusts (Refs & Annos)
Title 3. Intestate Succession and Statutory Shares (Refs & Annos)
Subtitle 4. Elective Share of Surviving Spouse (Refs & Annos)
Effective: October 1, 2020
MD Code, Estates and Trusts, § 3-403
§ 3-403. Election to take an elective share
The surviving spouse may elect to take an elective share of an estate subject to election as follows:
(1) If there is surviving issue, the elective share shall equal one-third of the value of the estate subject to election, reduced by the value of all spousal benefits; or
(2) If there is no surviving issue, the elective share shall equal one-half of the value of the estate subject to election, reduced by the value of all spousal benefits.

Credits

Added by Acts 2019, c. 435, § 1, eff. Oct. 1, 2020.
MD Code, Estates and Trusts, § 3-403, MD EST & TRST § 3-403
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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