Md. Code, Est. & Trusts § 3-403

Current with changes from the 2024 Legislative Session

Section 3-403 - Amount of 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.

Md. Code, ET § 3-403

Added by 2019 Md. Laws, Ch. 435,Sec. 1, eff. 10/1/2020.