Section 5-701 – Date of Appointment

    In this subtitle, “date of appointment” means the date of appointment of the personal representative.

Section 5-702 – Election for Modified Administration

    An election for modified administration may be filed by a personal representative of an estate within 3 months from the date of appointment, if:         (1)    All residuary legatees of a testate decedent and the heirs at law of an intestate decedent are limited to:             (i)    The decedent’s personal representative;             (ii)    Individuals or entities exempt from inheritance tax in […]

Section 5-703 – Extension of Time Periods

    (a)    The initial time periods for filing a final report and for making distribution to each legatee and heir are extended for 90 days on a consent for extension of the time periods signed by the personal representative and each interested person and filed within 10 months from the date of appointment.     (b)    Except as provided in […]

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 […]

Section 5-705 – Form of Election

    An election for modified administration shall include:         (1)    A statement that the estate qualifies for modified administration;         (2)    A brief description of the property subject to administration; and         (3)    An acknowledgment that:             (i)    A verified final report under modified administration shall be filed no later than 10 months from the date of appointment; and             (ii)    Distribution of the estate shall […]

Section 5-706 – Notice of Consent

    The 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 […]

Section 5-707 – Final Report

    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 […]

Section 5-708 – Revocation of Modified Administration

    (a)    A modified administration shall be revoked by the:         (1)    Filing of a timely request for judicial probate;         (2)    Filing of a written objection to modified administration by an interested person;         (3)    Filing of a withdrawal of the election for modified administration by a personal representative;         (4)    Orphans’ Court, on its own initiative, or for good cause shown by an […]

Section 5-709 – Closing of Estate

    An estate under modified administration shall close not later than 13 months from the date of appointment, if a verified final report under modified administration is filed and all probate fees and inheritance taxes are paid.

Section 5-710 – Applicability of Other Provisions of Article

    Except to the extent inconsistent with this subtitle, all other provisions of the law of decedents’ estates shall apply to a modified administration.