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Final Report Under Modified Administration With Schedules A, B And C Form. This is a Maryland form and can be use in Orphans Court Statewide.
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Tags: Final Report Under Modified Administration With Schedules A, B And C, Maryland Statewide, Orphans Court
BEFORE THE REGISTER OF WILLS FOR
, MARYLAND
Estate of:
Estate No:
Date of Appointment of
Personal Representative:
Date of Death:
FINAL REPORT UNDER MODIFIED ADMINISTRATION
(Must be filed within 10 months after the date of appointment)
I, Personal Representative of the estate, report the following:
1.
The estate continues to qualify for Modified Administration as set forth in the Election for Modified
Administration on file with the Register of Wills.
2.
Attached are the following Schedules and supporting attachments:
Total Schedule A:
Reportable Property ...............................................
$
Total Schedule B:
Payments and Disbursements ..............................
$
Total Schedule C:
Distribution of Net Reportable Property ...............
$
3. I acknowledge that:
(a)
(b)
Final distributions shall be made within 12 months after the date of my appointment as
personal representative.
If Modified Administration is revoked, the estate shall proceed under Administrative Probate,
and I will file a formal Inventory and Account, as required, until the estate is closed.
I solemnly affirm under the penalties of perjury that the contents of the foregoing are true to the
best of my knowledge, information, and belief and that any property valued by me which I have
authority as personal representative to appraise has been valued completely and correctly in
accordance with law.
Attorney Signature
Personal Representative
Date
Address
Personal Representative
Date
Address
Personal Representative
Date
Telephone Number
RW 1143 - Page 1 of 4
(Form RW 1144 must be included when filing this form) PDF
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FINAL REPORT UNDER MODIFIED ADMINISTRATION
SUPPORTING SCHEDULE A
Reportable Property
Estate of:
Item No.
Estate No:
Description
Basis of Valuation
TOTAL REPORTABLE PROPERTY OF THE DECEDENT
(CARRY FORWARD TO SCHEDULE C)
Value
$
INSTRUCTIONS
ALL REAL AND PERSONAL PROPERTY MUST BE INCLUDED AT DATE OF DEATH VALUE. THIS DOES NOT
INCLUDE INCOME EARNED DURING ADMINISTRATION OR CAPITAL GAINS OR LOSSES REALIZED FROM THE
SALE OF PROPERTY DURING ADMINISTRATION. ATTACHED APPRAISALS OR COPY OF REAL PROPERTY
ASSESSMENTS AS REQUIRED:
1. Real and leasehold property: Fair market value must be established by a qualified appraiser. For decedents dying
on or after January 1, 1998, in lieu of a formal appraisal, real and leasehold property may be valued at the full cash
value for property tax assessment purposes as of the most recent date of finality. This does not apply to property tax
assessment purposes on the basis of its use value.
2. The personal representative may value: Debts owed to the decedent, including bonds and notes; bank accounts,
building, savings and loan association shares, money and corporate stocks listed on a national or regional exchange
or over the counter securities.
3. All other interests in tangible or intangible property: Fair market value must be established by a qualified appraiser.
ATTACH ADDITIONAL SCHEDULES AS NEEDED
RW 1143 - Page 2 of 4
2003 PDF
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FINAL REPORT UNDER MODIFIED ADMINISTRATION
SUPPORTING SCHEDULE B
Payments and Disbursements
Estate of:
Item No.
Estate No:
Description
Amount paid
TOTAL DISBURSEMENTS:
(CARRY FORWARD TO SCHEDULE C)
$
INSTRUCTIONS:
1. Itemize all liens against property of the estate including mortgage balances.
2. Itemize sums paid (or to be paid) within 12 months from the date of appointment for: debts of the decedent, taxes due
by the decedent, funeral expenses of the decedent, family allowance, personal representative and attorney
compensation, probate fee and other administration expenses of the estate.
ATTACH ADDITIONAL SCHEDULES AS NEEDED
RW 1143 - Page 3 of 4
2003 PDF
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FINAL REPORT UNDER MODIFIED ADMINISTRATION
SUPPORTING SCHEDULE C
Distributions of Net Reportable Property
Estate of:
Estate No:
1. SUMMARY OF REPORTABLE PROPERTY
TOTAL FROM SCHEDULE A .............................................................................
TOTAL FROM SCHEDULE B .............................................................................
TOTAL NET REPORTABLE PROPERTY (SCHEDULE A MINUS SCHEDULE B) .......
2. SPECIFIC BEQUESTS (If applicable)
Name of Legatee or Heir
Distributable Share of Reportable Estate
Inheritance Tax Thereon
3. DISTRIBUTION OF BALANCE OF ESTATE
Name of Legatee or Heir
Distributable Share of Reportable Estate
Inheritance Tax Thereon
$
$
Total Reportable Distribution
Inheritance Tax
ATTACH ADDITIONAL SCHEDULES AS NEEDED
RW 1143 - Page 4 of 4 PDF
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CERTIFICATE OF SERVICE OF
FINAL REPORT UNDER MODIFIED ADMINISTRATION
,
, I delivered or mailed, postage
I hereby certify that on this
day of
prepaid, a copy of the foregoing Final Report Under Modified Administration and attached Schedules to the
following persons:
Names
Addresses
Attorney
Personal Representative
Address
Personal Representative
City, State, Zip Code
Personal Representative
Telephone Number
FOR REGISTER OF WILLS USE
Distributions subject to collateral tax at
Distributions subject to collateral tax at
Distributions subject to direct tax at
Distributions subject to direct tax at
%
%
%
%
Tax thereon
Tax thereon
Tax thereon
Tax thereon
Exempt distributions to
(Identity of the Recipient)
Exempt distributions to
(Identity of the Recipient)
Exempt distributions to
(Identity of the Recipient)
Total Inheritance Tax due
Total Inheritance Tax paid
Gross estate
Probate Fee and Costs Collected
RW 1144
(When filing RW 1143, this form must be included)
2003 PDF
American LegalNet, Inc.
www.FormsWorkflow.com