Clarifies the maximum estate value for personal property collection by affidavit in Maine and requires annual inflation adjustments.
This bill amends the Maine Uniform Probate Code to clarify that the maximum value of an estate eligible for personal property collection by affidavit is $40,000, adjusted for inflation. It mandates that county probate courts annually publish the adjusted value on their publicly accessible websites. This provision applies to estates with values not exceeding the adjusted figure.
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