Consent To Election For Modified Administration {RW 1142} | Pdf Fpdf Doc Docx | Maryland

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Consent To Election For Modified Administration {RW 1142} | Pdf Fpdf Doc Docx | Maryland

Last updated: 3/30/2016

Consent To Election For Modified Administration {RW 1142}

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Description

BEFORE THE REGISTER OF WILLS FOR , MARYLAND ESTATE OF: ESTATE NO. CONSENT TO ELECTION FOR MODIFIED ADMINISTRATION ¨ residuary legatee, who is the decedent's personal representative, an individual or an entity exempt from inheritance tax under §7-203 (b), (e), and (f) of Code, Tax General Article, ¨ an heir of the decedent who died intestate, I am a and I am the decedent's personal representative, an individual or an entity exempt from inheritance tax under §7-203 (b), (e), and (f), ¨ or a trustee of a trust under which each person who has a current interest in the trust is an individual or entity exempt from inheritance tax in the decedents estate under §7-203 (b), (e), and (f) of the Tax-General Article. 1. Instead of filing a formal Inventory and Account, the personal representative will file a verified Final Report Under Modified Administration no later than 10 months after the date of appointment, unless the personal representative discovers property of the decedent after the time for filing a verified Final Report Under Modified Administration in which case the personal representative must file the verified Report with respect to the after-discovered property within 90 days of the discovery of the property. 2. Upon written request to the personal representative by any legatee not paid in full or any heir-at-law of a decedent who died without a will, a formal Inventory and Account shall be provided by the personal representative to the legatees or heirs of the estate. 3. At any time during administration of the estate, I may revoke Modified Administration by filing a written objection to Modified Administration with the Register of Wills. Once filed, the objection is binding on the estate and cannot be withdrawn. 4. If Modified Administration is revoked, the estate will proceed under Administrative Probate and the personal representative shall file a formal Inventory and Account, as required, until the estate is closed. 5. Unless I waive notice of the verified Final Report Under Modified Administration, the personal representative will provide a copy of the Final Report to me, upon its filing which shall be no later than 10 months after the date of appointment. 6. Final distribution of the estate will occur not later than 12 months after the date of appointment of the personal representative, unless the personal representative discovers property of the decedent after the time for making full distribution, in which case the personal representative must make final distribution of the after-discovered property within 90 days of the discovery of the property. Signature of Residuary Legatee or Heir Type or Print Name State Relationship to Decedent Signature of Residuary Legatee or Heir Type or Print Name State Relationship to Decedent Signature of Trustee Signature of Trustee Type or Print Name Type or Print Name RW1142 Rev. 01/01/2016 American LegalNet, Inc. www.FormsWorkFlow.com ROWNET PDF

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