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Terms Used In Maryland Code, REAL PROPERTY 5-106

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Every assignment of any beneficial interest in a trust, the assets of which wholly or partially consist of land, is void unless the assignment is:

(1) In writing signed by the assignor or his agent lawfully authorized by writing; or

(2) By his last will in writing.