§ 5-706. Notice of consent

MD Est & Trusts Code § 5-706 (2019) (N/A)
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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 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.