Section 5-706 - Notice of consentThe consent required under § 5-702(5) of this subtitle shall state that the subscribing person has notice that:
(1) Instead of filing a formal inventory and account, the personal representative shall file a verified final report under modified administration no later than 10 months from the date of appointment;(2) On request by any legatee or heir not paid in full, a formal inventory and account shall be provided by the personal representative to the legatees or heirs;(3) A written objection to modified administration by an interested person may be filed with the register of wills at any time during administration, which shall revoke the modified administration;(4) By filing a written objection:(i) The modified administration is revoked;(ii) The estate shall be administered under administrative probate; and(iii) The personal representative shall file a formal inventory and account as needed until the estate is closed;(5) Unless an interested person waives notice of the verified final report under modified administration, the personal representative shall provide a copy to each interested person within 10 months from the date of the appointment; and(6) Under modified administration, distribution to all legatees and heirs shall be made within 12 months from the date of appointment.Amended by 2013 Md. Laws, Ch. 645,Sec. 1, eff. 10/1/2013.