Maine Modified

Maine Sworn Closing Statement by Representative - Small Estates
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State:
Maine
Control #:
ME-ET20
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Description

Under Maine statute, if the value of the entire estate, less liens and encumbrances, does not exceed homestead allowance, exempt property, family allowance, costs and expenses of administration, reasonable funeral expenses, and reasonable and necessary medical and hospital expenses of the last illness of the decedent, the personal representative of the decedent may distribute the assets of the estate immediately, without a court filing or additional notice to other parties. After distributing the assets of the estate, the estate may be closed by the filing of a verified closing statement.

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FAQ

How do you avoid probate in Maine?

How do I close a small estate?

How much can an executor pay themselves?

Is a personal representative the same as an executor?

Is a personal representative entitled to compensation?

How does probate work in Maine?

How much does a personal representative get paid in Maine?

Can an executor be paid for their time?

Is probate required in Maine?

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