(a) In the estates of decedents law the following words have the meanings
indicated.
(b) "Administrative probate" is defined in § 5-301.
(c) "Book" includes a form of electronic recordation.
(d) "Child" is defined in §§ 1-205 through 1-208.
(e) "County" includes Baltimore City.
(f) "Court" is defined in § 2-101.
(g) (1) "Environmental law" means a federal, State, or local law, rule,
regulation, or ordinance that relates to the protection of the
environment.
(2) "Environmental law" includes Title 16 of the Environment Article.
(h) "Heir" is a person entitled to property of an intestate decedent
pursuant to §§ 3-101 through 3-110.
(i) "Interested person" is:
(1) A person named as executor in a will;
(2) A person serving as personal representative after judicial or
administrative probate;
(3) A legatee in being, not fully paid, whether his interest is vested or
contingent;
(4) An heir even if the decedent dies testate, except that an heir of a
testate decedent ceases to be an "interested person" when the
register has given notice pursuant to § 2-210 or § 5-403(a).
Interested person includes a person as above defined who is (a) a
minor or other person under a disability, or (b) the judicially
appointed guardian, committee, conservator or trustee for such person,
if any, and if none, then the parent or other person having assumed
responsibility for such person.
An heir or legatee whose interest is contingent solely on whether
some other heir or legatee survives the decedent by a stated period is
an interested person but only after the other heir or legatee has died
within that period.
(j) "Issue" is defined in § 1-209.
(k) "Judicial probate" is defined in § 5-401.
(l) "Legacy" means any property disposed of by will, including property
disposed of in a residuary clause and assets passing by the exercise by
the decedent of a testamentary power of appointment.
(m) "Legatee" means a person who under the terms of a will would
receive a legacy. It includes a trustee but not a beneficiary of an
interest under the trust.
(n) "Letters" include letters testamentary and letters of
administration.
(o) "Maryland Rules" means the rules promulgated by the Court of
Appeals of Maryland under the authority of the Constitution and laws of
Maryland.
(p) "Net estate" means the property of the decedent exclusive of the
family allowance and enforceable claims against the estate, except as
used in §§ 3-102 and 3-203.
(q) "Personal representative" includes an executor or administrator but
not a special administrator.
(r) "Property" includes both real and personal property, and any right
or interest therein. "Property" refers to (1) all real and personal
property of a decedent and (2) any right or interest therein which does
not pass, at the time of the decedent's death, to another person by
the terms of the instrument under which it is held, or by operation of
law.
(s) "Register" is defined in § 2-201.
(t) "Representation" is defined in § 1-210.
(u) "Special administrator" means an administrator appointed as
provided in § 6-401.
(v) "Trust company" means an institution that is authorized to exercise
trust or fiduciary powers and that:
(1) Is organized under the laws of this State as a State bank, trust
company, or savings bank; or
(2) Is organized under the laws of the United States and:
(i) Has its principal office in this State; or
(ii) 1. Has an office in this State that is not its principal office; and
2. Meets the definition of a trust institution under 12 U.S.C. §
1841(c)(2)(D); or
(iii) 1. Has an office in this State that is not its principal office; and
2. Accepts deposits at its office in this State; or
(3) Is organized under the laws of another state as a bank, trust company,
or savings bank and:
(i) 1. Has an office in this State that is not its principal office;
2. Meets the definition of a trust institution under 12 U.S.C. §
1841(c)(2)(D); and
3. Is a direct or indirect subsidiary of a bank holding company that has a
direct or indirect bank, trust company, or savings bank subsidiary that
has an office in this State at which deposits are accepted; or
(ii) 1. Has an office in this State that is not its principal office; and
2. Accepts deposits at its office in this State.
(w) (1) "Will" means a written instrument which is executed in the form
prescribed by §§ 4-102 through 4-104, and has not been revoked in a
manner provided by § 4-105.
(2) "Will" includes a codicil.
|
