Md. Code, Est. & Trusts § 5-704

Current with changes from the 2024 Legislative Session
Section 5-704 - Proceedings after filing election; after-discovered property
(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.

Md. Code, ET § 5-704

Amended by 2013 Md. Laws, Ch. 645,Sec. 1, eff. 10/1/2013.