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Browse: Home / exemption level

exemption level

Governor O’Malley in Maryland Signs Estate Tax Changes into Law

Governor O’Malley in Maryland Signs Estate Tax Changes into Law

By ASSET on May 16, 2014

On May 15, 2014, Governor O’Malley signed a bill increasing the amount of wealth that can pass to heirs free of Maryland estate tax. Prior to the passage of this new law the applicable exclusion is $1,000,000, meaning that $1,000,000 can pass to heirs free of Maryland estate tax. After the end of 2014, the [...]

Posted in Estate Tax News | Tagged americans standing for the simplification of the estate tax, exemption level, maryland estate tax, tax reform | 2 Responses

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