An election for modified administration shall include:
(1) A statement that the estate qualifies for modified administration;
(2) A brief description of the property subject to administration; and
(3) An acknowledgment that:
(i) A verified final report under modified administration shall be filed no later than 10 months from the date of appointment; and
(ii) Distribution of the estate shall occur no later than 12 months from the date of appointment.
Structure Maryland Statutes
Subtitle 7 - Modified Administration
Section 5-701 - Date of Appointment
Section 5-702 - Election for Modified Administration
Section 5-703 - Extension of Time Periods
Section 5-704 - Proceedings After Filing Election; After-Discovered Property
Section 5-705 - Form of Election
Section 5-706 - Notice of Consent
Section 5-708 - Revocation of Modified Administration
Section 5-709 - Closing of Estate
Section 5-710 - Applicability of Other Provisions of Article