Yes, you will need to open what is called ancillary probate in MD to deal with the property there.Another question. My father owned property out of state (live in PA, other property in MD). Do we need to open probate in MD also?
I think that you need to be more specific about which taxes you are referring to. Real and tangible personal property outside PA is not subject to the PA Inheritance Tax. MD has both an inheritance tax and and an estate tax. But, if I remember correctly, property passing to children is exempt from the inheritance tax. And the first $1 million is excluded from the estate tax.How will this all work tax wise?
I'd discuss that with the attorney you are meeting with. I can't speak to MD in particular, but ancillary probate in another state is usually fairly simple. The heavy lifting is opening probate/administrator appointment in the state of residence. It is possible that the administrator could handle the ancillary probate without an attorney. Or the attorney in PA can provide enough guidance so that the administrator can do it him/herself. Or there is the possibility that the PA attorney is also admitted to practice in MD.Will we need an attorney in MD too or will the attorney we hire here in this state handle it all?
I highly doubt we are talking hitting a million in the estate.
The more information that you have on the assets and liabilities the better.Any suggestions on the not so obvious things we should be asking?
It depends. Relationships between personal representatives and attorneys range from:My understanding is they will charge either hourly or a percentage. Is one typically more cost effective then the other?