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Current as of December 31, 2021 | Updated by FindLaw Staff
(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.
Cite this article: FindLaw.com - Maryland Code, Estates and Trusts § 5-704 - last updated December 31, 2021 | https://codes.findlaw.com/md/estates-and-trusts/md-code-est-and-trst-sect-5-704/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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