An Overview of the New Elective Share Statute
In this portion of the program, panelists will review and discuss the new elective share statute, including what the augmented estate includes, how the share is determined and satisfied, procedural considerations for making the election, multijurisdictional estate issues, and role of Maryland’s courts with respect to the elective share.
Application of the New Elective Share Law
Panelists will discuss challenges and opportunities presented by the new statute through the use of scenarios for average, small(er) and large estates. Questions to be considered include: