Access to Justice for Maryland Consumers
LegalConsumer.com has been providing free tools and legal information to Maryland consumers since 2006.
LegalConsumer.com has been providing free tools and legal information to Maryland consumers since 2006.
In Maryland, there's no Affidavit procedure available for small estates. There is a summary probate procedure available for estates that have a value of assets subject to probate that is less than $50,000. (This excludes the value of all joint tenancy property and other assets that pass by beneficiary designation, such as life insurance and transfer on death accounts.)
This summary probate procedure is also available if the surviving spouse is the only beneficiary and the estate is worth $100,000 or less.
The state of Maryland imposes an estate tax on property owned in Maryland. If you are inheriting property from the state of Maryland, it may be subject to estate tax if the overall value of the estate is more than $5,000,000.
Maryland also poses and inheritance tax. It is the only state to have both.
No. Md. Code Ann., Cts. & Jud. Proc. § 11-504
Owner occupied residential property or condo or co-op to $25,150 (husband and wife may not double)
Property held as tenancy by the entirety is exempt against debts owed by only one spouse
none (see Wild Card)
In Maryland, you can receive unemployment benefits for a maximum of 26 weeks under state law.
The minimum wage in Maryland is $15 an hour. Because this is higher than the federal minimum wage of $7.25, employees in Maryland must be paid at least $15 an hour.
In Maryland, your employer may pay you a minimum wage of $3.63 an hour, as long as you earn enough in tips to bring your total hourly pay up to the full minimum wage, $15 an hour. If you don’t earn enough in tips to bring your compensation to the full minimum wage, your employer must make up the difference.