§3-1204. Small estates; closing by sworn statement of personal representative

Link to law: http://legislature.maine.gov/legis/statutes/18-A/title18-Asec3-1204.html
Published: 2015

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§3-1204. Small estates; closing by sworn statement of personal representative








(a). 
 
Unless prohibited by order of the court and except for estates being administered
by supervised personal representatives, a personal representative may close an estate
administered under the summary procedures of section 3-1203 by filing with the court,
at any time after disbursement and distribution of the estate, a verified statement
stating that:





(1). To the best knowledge of the personal representative, the value of the entire estate,
less liens and encumbrances, did not exceed homestead allowance, exempt property,
family allowance, costs and expenses of administration, reasonable funeral expenses,
and reasonable, necessary medical and hospital expenses of the last illness of the
decedent; [1979, c. 540, §1 (NEW).]










(2). The personal representative has fully administered the estate by disbursing and
distributing it to the persons entitled thereto; and [1979, c. 540, §1 (NEW).]










(3). The personal representative has sent a copy of the closing statement to all distributees
of the estate and to all creditors or other claimants of whom he is aware whose claims
are neither paid nor barred and has furnished a full account in writing of his administration
to the distributees whose interests are affected. [1979, c. 540, §1 (NEW).]







[
1979, c. 540, §1 (NEW)
.]








(b). 
 
If no actions or proceedings involving the personal representative are pending in
the court one year after the closing statement is filed, the appointment of the personal
representative terminates.


[
1979, c. 540, §1 (NEW)
.]








(c). 
 
A closing statement filed under this section has the same effect as one filed under
section 3-1003.


[
1979, c. 540, §1 (NEW)
.]





SECTION HISTORY

1979, c. 540, §1 (NEW).