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Md. Code, Estates and Trusts § 9-204

This is the official text of Md. Code, Estates and Trusts § 9-204, part of Maryland’s Code, Estates and Trusts — governs wills, trusts, and probate.

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§9–204.

Official statutory text

(a) On the death of a holder of jointly held property, a surviving holder may disclaim in whole or in part, the greater of:

(1) A fractional share of the property determined by dividing the number one by the number of joint holders alive immediately before the death of the holder to whose death the disclaimer relates; or

(2) All of the property except that part of the value of the entire interest attributable to the contribution furnished by the disclaimant.

(b) A disclaimer under subsection (a) of this section takes effect as of the death of the holder of jointly held property to whose death the disclaimer relates.

(c) An interest in jointly held property disclaimed by a surviving holder of the property passes as if the disclaimant predeceased the holder to whose death the disclaimer relates.

Status: in_force · Read it on the official government site

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