# Estates and Trusts (GET)

## Title 4. Wills

### Subtitle 4. Rules Relating to Legacies

#### Section 4-405

Unless a contrary intent is expressly indicated in the will, a specific legacy includes additional or substituted securities if: 

(1) Securities are the subject of a specific legacy;

(2) After the execution of the will other securities of the same or another entity are distributed to the testator because of the testator's ownership of the original securities, whether as a result of a partial liquidation, stock dividend, stock split, merger, consolidation, reorganization, recapitalization, redemption, exchange, or other transaction; and

(3) The securities are part of the estate of the testator at the time of the testator's death.

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Md. Code Ann., Est. & Trusts (as displayed at mgaleg.maryland.gov, October 16, 2026)