Maryland legislation · 2026 Regular Session
Maryland HB1062: Estates and Trusts - Jurisdiction Over Property of Minors or Disabled Persons - Authorized Transactions
Status: Signed into law, May 12, 2026
Authorizing a circuit court to authorize or direct a transaction that grants access to financial records or establishes eligibility for government assistance programs for a minor or disabled person under a certain circumstance.
What the bill says
An act concerning Estates and Trusts - Jurisdiction Over Property of Minors or Disabled Persons - Authorized Transactions FOR the purpose of authorizing a circuit court to authorize or direct a transaction that grants access to financial records or establishes eligibility for government assistance programs for a minor or disabled person under a certain circumstance; and generally relating to assuming jurisdiction over the property of a minor or disabled person…
From the enrolled text, May 18, 2026:
AN ACT concerning Estates and Trusts - Jurisdiction Over Property of Minors or Disabled Persons - Authorized Transactions FOR the purpose of authorizing a circuit court to authorize or direct a transaction that grants access to financial records or establishes eligibility for government assistance programs for a minor or disabled person under a certain circumstance; and generally relating to assuming jurisdiction over the property of a minor or disabled person. BY repealing and reenacting, with amendments, Article - Estates and Trusts Section 13-204 Annotated Code of Maryland (2022 Replacement Volume and 2025 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, That the Laws of Maryland read as follows: Article - Estates and Trusts 13-204. (a) (1) If a basis exists as described in § 13-201 of this subtitle for assuming jurisdiction over the property of a minor or disabled person, the circuit court, without appointing a guardian, may authorize or direct a transaction with respect to the property, service, or care arrangement of the minor or disabled person. (2) The transactions described under paragraph (1) of this subsection (ii) Sale, mortgage, lease, or other transfer of property; (iii) Purchase of contracts for an annuity, life care, training, or education; (iv) Making the election to take an elective share of an estate subject to election under § …