Irrevocable Trusts: Maryland | Practical Law

Irrevocable Trusts: Maryland | Practical Law

A Q&A guide to the laws governing irrevocable trusts in Maryland. This Q&A addresses state laws and customs that impact irrevocable trusts, including the key statutes and rules related to irrevocable trusts, the requirements for creating a valid irrevocable trust, common irrevocable trust provisions, information concerning trustees, and information on making changes to irrevocable trust instruments after execution. Answers to questions can be compared across a number of jurisdictions (see Irrevocable Trusts: State Q&A Tool). For similar information relating to revocable trusts in Maryland, see State Q&A, Revocable Trusts: Maryland.

Irrevocable Trusts: Maryland

Practical Law State Q&A w-038-6514 (Approx. 18 pages)

Irrevocable Trusts: Maryland

by Frank Campbell, Michael Lehr, and Matthew Pearl, Sims & Campbell, with Practical Law Trusts & Estates
Law stated as of 10 Aug 2023Maryland, United States
A Q&A guide to the laws governing irrevocable trusts in Maryland. This Q&A addresses state laws and customs that impact irrevocable trusts, including the key statutes and rules related to irrevocable trusts, the requirements for creating a valid irrevocable trust, common irrevocable trust provisions, information concerning trustees, and information on making changes to irrevocable trust instruments after execution. Answers to questions can be compared across a number of jurisdictions (see Irrevocable Trusts: State Q&A Tool). For similar information relating to revocable trusts in Maryland, see State Q&A, Revocable Trusts: Maryland.