Terms Used In Maryland Code, ESTATES AND TRUSTS 13-602

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
The purposes of this subtitle are to:

(1) Establish a separate and distinct civil cause of action by a victim, or a representative of the victim, of financial exploitation;

(2) Provide a path to redress financial exploitation through the recovery of property and assets taken from victims while discouraging protracted litigation;

(3) Provide access to justice for victims and their families who are otherwise unable or unwilling to retain competent legal assistance due to cost; and

(4) Strongly deter individuals seeking to take advantage of susceptible adults or older adults.