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Maryland Probate; Should I File a Small or Regular Estate?

In order to know how to file an estate, one must know the value of the estate. If the estate is valued at $50,000 or less, then you should file it as a small estate. Also, if the spouse is the sole legatee or heir then a small estate can be up to $100,000. For whichever situation is applicable, anything greater than the amount would result in having to file as a regular estate. The higher the estate value, the higher the fees that are required. The fees can range anywhere from $2 to $2,500 depending on the value.

Once deciding what to file your estate under, you must complete many steps before filing. These steps include a Petition for Probate, Notice of Appointment, Bond, Consent to Appointment of Representative and/or Appointment of Resident Agent, Proof of Execution of Will, List of Interested Persons, and a copy of the Death Certificate. This is a long process and can take many months to years to complete. In order to keep track of all of this and make sure documents are filed in a timely manner, you should contact an experienced attorney that deals with estate law.

For a free, confidential conversation to discuss estate planning, including the what to file your estate under, contact Maryland estate attorney Stephen J. Reichert at 410-299-4959, or by clicking here.

Day, evening and weekend appointments are available in office or at your residence. Mr. Reichert personally serves estate planning clients throughout the entire state of Maryland.

Stephen looks forward to assisting you with your Maryland estate planning needs.

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