...but not the tax man. If you qualify, make sure you apply for the senior tax credit. From the County website:
Senior Tax Credit
New Applications Are Now Available
Beginning in Tax Year 2007 (July 1, 2007), a County Tax credit is available for homeowners who are at least 70 years old and have a combined household income that does not exceed 500% of the Federal poverty guidelines for a household of 2. For Tax year 2007, that limit is $68,450.
The combined net worth of the household must not exceed $500,000. Net worth means, after deducting outstanding liabilities, the sum of the current market value of all assets including real property, cash, savings accounts, bonds, and other investments; but not including the dwelling for which a property tax credit is sought, the cash value of any life insurance policies on the life of the homeowner, and tangible personal property.
The amount of credit is 25% of the County property tax due in the current year after applying the Homestead Credit authorized under 9-105 of the Tax Property Tax Article of the Annotated Code of Maryland. The amount of the credit shall be calculated after all other credits granted for the property have been applied. Applicants for the Senior Tax Credit are required to apply for all other credits that may be available for that property.
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