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Code · Maryland · Estates and Trusts

§ 5-704

139 words·~1 min read·/md/estates-and-trusts/5-704

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§5–704.
(a)After filing an election for modified administration, the personal representative shall:
(1)File a verified final report under modified administration no later than 10 months from the date of appointment instead of filing a formal inventory and account; and
(2)On the request of any interested person, provide a formal inventory and account, as required under Title 7 of this article, to all interested persons.
(b)If the personal representative discovers property of the decedent after the time for filing a verified final report required by subsection
(a)of this section, the personal representative shall:
(1)File a verified final report under modified administration with respect to the after–discovered property within 60 days of the discovery of the property; and
(2)Make final distribution of the after–discovered property within 90 days of the discovery of the property.
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