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Election Of Personal Representative For Modified Administration RW 1141 - Maryland

Election Of Personal Representative For Modified Administration Form. This is a Maryland form and can be used in Register Of Wills Orphans Court Statewide .
 Fillable pdf Last Modified 2/25/2016
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BEFORE THE REGISTER OF WILLS FOR , MARYLAND ESTATE OF: ESTATE NO. ELECTION OF PERSONAL REPRESENTATIVE FOR MODIFIED ADMINISTRATION 1. I elect Modified Administration. This estate qualifies for Modified Administration for the following reasons: (a) The decedent died on ¨ with a will or ¨ without a will. (b) This Election is filed within 3 months from the date of my appointment which was on (c) ¨ Each of the residuary legatees named in the will or ¨ each of the heirs of the intestate decedent is either: ¨ The decedent's personal representative ¨ an individual or an entity exempt from inheritance tax in the decedent's estate under §7-203 (b), (e), (f) of the Tax - General Article, and ¨ trusts under which each person who has a current interest in the trust is an individual or entity exempt from inheritance tax in the decedent's estate under §7-203 (b), (e), and (f) of the Tax-General Article. (d) Consents of all residuary legatees of a testate decedent and the heirs at law of an intestate decedent ¨ are filed herewith or ¨ were filed previously. (e) The estate is solvent and the assets are sufficient to satisfy all specific legacies. (f) Final distribution of the estate can be made within 12 months after the date of my appointment. 2. Property of the estate is briefly described as follows: Description Estimated Value 3. I acknowledge that I must file a verified Final Report Under Modified Administration no later than 10 months after the date of appointment and that, upon request of any interested person, I must provide a full and accurate Inventory and Account to all interested persons. I acknowledge that if I discover property of the decedent after the time for filing a verified Final Report Under Modified Administration, I must file the verified Report with respect to the after-discovered property within 60 days of the discovery of the property. 4. I acknowledge the requirement under Modified Administration to make full distribution within 12 months after the date of appointment, unless I discover property of the decedent after the time for making full distribution, in which case I must make final distribution of the after-discovered property within 90 days of the discovery of the property. 5. I acknowledge and understand that Modified Administration shall continue as long as all the requirements are met. I solemnly affirm under the penalties of perjury that the contents of this document are true to the best of my knowledge, information and belief. Attorney Address Address Telephone Number Facsimile Number Email Address Personal Representative Personal Representative Personal Representative RW1141 Rev. 01/01/2016 American LegalNet, Inc. www.FormsWorkFlow.com ROWNET PDF
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