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ADMINISTERING ESTATES IN MARYLAND A Basic Instructional Guide HON. BYRON E. MACFARLANE REGISTER OF WILLS FOR HOWARD COUNTY 9250 Judicial Way, Suite 1100 Ellicott City, Maryland 21043 Phone: 410.313.2133.

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How to fill out the MD A Basic Instructional Guide online

The MD A Basic Instructional Guide provides essential information for users tasked with administering estates in Maryland. This guide outlines the probate process and the necessary forms you will use as a personal representative of an estate.

Follow the steps to accurately complete the MD A Basic Instructional Guide online.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Read through the introductory section of the guide to understand the estate administration process in Maryland.
  3. Review the List of Common Forms section to identify the forms applicable to your situation.
  4. Fill out the Petition for Administration (Form 1103) or the Petition for probate (Form 1112), including essential information such as the decedent's domicile and eligibility of the petitioner.
  5. Attach any required supporting documents, such as the Last Will and Testament if applicable, to the petition.
  6. Complete the List of Interested Persons (Form 1104) to ensure all parties entitled to notice are included.
  7. If you are not a Maryland resident, complete the Appointment of Resident Agent (Form 1106) to designate a local contact.
  8. Submit any necessary bonds as required based on the estate's value, using the Nominal Bond (Form 1116) or Bond of Personal Representative (Form 1115) as appropriate.
  9. Once all forms are completed, review everything for accuracy, then save changes to the document.
  10. Finally, you can download, print, or share the finished documents as needed.

Start filling out your documents online today to ensure a smooth estate administration process.

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Letter of Administration: a document issued by the Register of Wills that authorizes a personal representative to administer an estate. the will located in a safe deposit box in the name of the decedent. 26. Lineal heir or legatee: one who is of the direct line of the decedent.

6 months from the date of the decedent's death; or.

Maryland Law requires that any one holding an original Will and/or Codicil(s) must file that document with the Register of Wills promptly after a decedent's death even if there are no assets. However, although the Will and/or Codicil are kept on file, no probate proceedings are required to be opened.

2.1 The personal representative is entitled to “reasonable compensation for services.” Statutory commissions for personal representatives are expressed as a maximum: not to exceed $1,800 plus 3.6% of the excess over $20,000 unless a larger amount is provided by the will.

If there is a surviving spouse and the net value is under $100,000 a small estate is necessary. If the net value is over $50,000 and there is no surviving spouse, a regular estate is necessary.

Non-Probate Maryland Inheritances Any property in a living trust. Life insurance policies. 401(k)s, IRAs, other retirement accounts. Securities in transfer-on-death accounts. Pay-on-death bank accounts. Joint tenancy real property. Tenancy by the entirety.

Non-probate Estate: property that passes outside the probate estate, including:jointly held assets, life estate or remainder interests in a trust or deed, trusts in which the decedent had an interest, payable on death (P.O.D.) assets, and pension and benefit plans, including IRAs with named beneficiaries .

In Maryland, you can make a living trust to avoid probate for virtually any asset you own—real estate, bank accounts, vehicles, and so on. You need to create a trust document (it's similar to a will), naming someone to take over as trustee after your death (called a successor trustee).

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