Ch. 596

1997 LAWS OF MARYLAND

(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.

5-707.

A FINAL REPORT UNDER MODIFIED ADMINISTRATION SHALL INCLUDE:

(1) A STATEMENT REPRESENTING THE CONTINUED QUALIFICATION
FOR MODIFIED ADMINISTRATION;

(2)      AN ITEMIZED SCHEDULE OF THE DECEDENT'S PROPERTY AND THE
BASIS OF ITS VALUATION;

(3)      AN ITEMIZED SCHEDULE OF LIENS. DEBTS. TAXES, AND FUNERAL
EXPENSES OF THE DECEDENT AND ADMINISTRATION EXPENSES OF THE ESTATE;
AND

(4) SCHEDULES SETTING FORTH DISTRIBUTIVE SHARES OF THE ESTATE
AND THE APPLICABLE INHERITANCE TAX.

5-707. 5-708.

(A) A MODIFIED ADMINISTRATION SHALL BE REVOKED BY THE:

(1)      HUNG OF A TIMELY REQUEST FOR JUDICIAL PROBATE;

(2)      FILING OF A WRITTEN OBJECTION BY AN INTERESTED PERSON;

(3)      FILING OF A WITHDRAWAL OF THE ELECTION FOR MODIFIED
ADMINISTRATION BY A PERSONAL REPRESENTATIVE;

- 3304 -