Maryland HB174 allows owners of motor vehicles and marine vessels to designate a beneficiary to inherit ownership upon their death.

Maryland HB174 modifies the state's laws to allow owners of motor vehicles and marine vessels to designate a beneficiary to inherit ownership upon their death. The bill outlines the necessary documents for the beneficiary to claim the vehicle or vessel, including the original certificate of title, a death certificate, proof of the beneficiary's identity, and applicable taxes or fees. If the beneficiary does not survive the owner, the vehicle or vessel becomes part of the deceased owner's estate.

Maryland HB174 allows owners of motor vehicles and marine vessels to designate a beneficiary to inherit ownership upon their death.

Maryland HB174 modifies the state's laws to allow owners of motor vehicles and marine vessels to designate a beneficiary to inherit ownership upon their death. The bill outlines the necessary documents for the beneficiary to claim the vehicle or vessel, including the original certificate of title, a death certificate, proof of the beneficiary's identity, and applicable taxes or fees. If the beneficiary does not survive the owner, the vehicle or vessel becomes part of the deceased owner's estate.