Ch. 693 1997 LAWS OF MARYLAND
ASSESSMENT NOTICE FOR THE PROPERTY FULL CASH VALUE FOR PROPERTY TAX
ASSESSMENT PURPOSES AS OF THE MOST RECENT DATE OF FINALITY.
(2) PARAGRAPH (1) OF THIS SUBSECTION DOES NOT APPLY TO PROPERTY
ASSESSED FOR PROPERTY TAX PURPOSES ON THE BASIS OF ITS USE VALUE
[(c)] (D) The personal representative may employ a qualified and disinterested
appraiser to assist him THE PERSONAL REPRESENTATIVE in ascertaining the fair
market value, as of the date of the death of the decedent, of an asset the value of which
may be fairly debatable. Different persons may be employed to appraise different kinds of
assets included in the estate. The name and address of each appraiser shall be indicated
on the inventory with the item or items he THE APPRAISER appraised.
[(d)) (E) Reasonable appraisal fees shall be allowed as an administration expense.
7-604.
(A) PAYMENT OF COMMISSIONS TO PERSONAL REPRESENTATIVES UNDER §
7-601 OF THIS SUBTITLE, AND ATTORNEY'S FEES UNDER § 7-602 OF THIS SUBTITLE
MAY BE MADE WITHOUT COURT APPROVAL IF:
(1) EACH CREDITOR, WHO HAS FILED A CLAIM THAT IS STILL OPEN,
AND ALL INTERESTED PERSONS CONSENT IN WRITING TO THE PAYMENT;
(2) THE COMBINED SUM OF THE PAYMENTS OF COMMISSIONS AND
ATTORNEY'S FEES DOES NOT EXCEED THE AMOUNTS PROVIDED IN § 7-601 OF THIS
SUBTITLE; AND
(3) THE SIGNED WRITTEN CONSENT FORM STATES THE AMOUNTS OF
THE PAYMENTS AND IS BLED WITH THE REGISTER OF WILLS.
(B) WHEN RENDERING ACCOUNTS, THE PERSONAL REPRESENTATIVE SHALL
DESIGNATE ANY PAYMENT MADE UNDER THIS SECTION AS AN EXPENSE
8-106.
(a) Subject to the priorities contained in § 8-105 OF THIS SUBTITLE, the personal
representative shall pay the funeral expenses of the decedent within six months of the
first appointment of a personal representative.
(b) Funeral expenses shall be allowed in the discretion of the court according to
the condition and circumstances of the decedent. In no event may the allowance exceed
[$3,500] $5,000 unless the estate of the decedent is solvent and a special order of court
has been obtained. If the estate is solvent and the will expressly empowers the personal
representative to pay the expenses without an order of court, an allowance by the court is
not required.
(c) If the funeral expenses are not paid within six months, the creditor may
petition the court to require the personal representative to show cause why he should not
be compelled to make the payment. If the court finds that the claim is valid, it shall fix the
amount due and shall order the personal representative to make payment within ten days
- 4020 -
|