A measure to raise the amount of money exempted from estate taxes in Maryland is moving forward in the Legislature.
Some nonprofit organizations say Maryland’s estate tax is driving their wealthy donors out of state during retirement. They support a new bill raising the estate tax exemption to $5.34 million per spouse.
Comptroller Peter Franchot is expressing support for Maryland to recouple its estate tax with the federal government.
Maryland’s General Assembly has approved a bill to prevent killers from benefiting from the victim’s estate.
A judge has dismissed a claim by man who says he was entitled to $28,000 from the late Gov. William Donald Schaefer’s estate for meals, driving and errands he performed.
Democratic Gov. Martin O’Malley’s administration is supporting a Republican sponsored bill to reduce Maryland’s estate tax for family farms.
The widow of former NFL quarterback Steve McNair convinced a Nashville judge Friday to put more than $1 million from the athlete’s estate into trusts for the couple’s two sons.