Md. Gov. Expected To Raise Estate Tax Exemption

Law360, New York (March 26, 2014, 2:00 PM EDT) -- Maryland Gov. Martin O'Malley is expected to sign legislation that would bring the state's estate tax exemption — currently one of the lowest in the U.S. — in line with the federal revenue code in the next five years, a representative for the governor said Wednesday.

The proposal currently before the governor would gradually increase the level at which a decedent would be subject to the tax from $1 million to $4 million and then link it with the level set in the Internal Revenue Code beginning in 2019. The proposal received broad support in the Maryland House and Senate....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents

Related Sections

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!