Section 5-706 - Notice of consent.

§ 5-706. Notice of consent.
 

The consent required under § 5-702(6) 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. 
 

[1997, ch. 596; 2003, ch. 21, § 6.]