An Act To Increase the Value of an Estate Collectible by Affidavit in Probate Law to $20,000
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 18-A MRSA §3-1201, sub-§(a), ¶(1), as enacted by PL 1979, c. 540, §1, is amended to read:
(1). The value of the entire estate, wherever located, less liens and encumbrances, does not exceed $10,000 $20,000;
summary
This bill increases the amount of personal property of a decedent's estate that can be collected by affidavit from $10,000 to $20,000.