How to Close an Estate in Maryland Probate
Under Maryland law, Estates & Trusts, the final approval of the final account, as submitted to the register of wills, automatically closes the estate. This can also terminate the appointment of the personal representative however there are circumstances where you may wish to request to keep the appointment open beyond the closing.
Often additional accounts or assets have not been distributed or are discovered after the closing of an estate. If this happens Maryland law, Estates & Trusts, allows the personal representative to continue to perform certain ministerial or confirmatory acts however it may become necessary to reopen the estate and reappoint the personal representative depending on the nature of the work that is still required on behalf of the estate. If it is simply a matter of making a distribution of assets from the estate the law provides that the personal representative can perform this duty as under Maryland Rule 6-421 the termination of appointment is effective only upon the distribution of all estate assets. If it a circumstance where the assets were not reported during probate but were later discovered, it will become necessary to reopen and seek reappointment before distribution the assets. The reason for this is clear: the assets must be reported and made part of the estate before distribution.
For a free, confidential conversation to discuss this and other estate administration matters, including probate administration legal services, contact Maryland probate administration attorney Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here.
Mr. Reichert can administer probate on behalf of the Maryland estate or for a modest fee he can be of assistance to the Personal Representative, as assistance is needed. For example, he can be available to give the correct legal answer and review or prepare probate filings before they are submitted to the county or city.
Day, evening and weekend appointments are available in office or at your residence. Mr. Reichert personally serves clients throughout the entire state of Maryland.
Attorney Reichert looks forward to assisting you with your Maryland probate needs.
#marylandattorney #marylandlawyer #marylandestateplanning #estateplanning #mdlawyer #mdattorney #stephenjreichert #reichertlegal #marylandprobate #probate #mdprobate
- Posted by reichertlegal
- Posted in Attorney Maryland, Estate Administration Attorney Maryland, Estate Administration Baltimore Maryland, Estate Administration Frederick Maryland, Estate Administration Harford County Maryland, Estate Administration Howard County Maryland, Estate Administration Lawyer Maryland, Estate Administration Maryland, Estate Administration Montgomery County Maryland, Estate Administration Prince George's County, Probate Attorney Baltimore Maryland, Probate Frederick County Maryland, Probate Howard County Maryland, Probate Law Maryland, Probate Lawyer Maryland, Probate Montgomery County Maryland, Probate Prince George's County Maryland
- Apr, 17, 2016
- Comments Off on How to Close an Estate in Maryland Probate