When must a Maine estate inventory be completed?
Within three months of the personal representative's appointment, listing each item with reasonable detail and its fair market value as of the date of death under 18-C M.R.S. section 3-706. Maine gives the representative a choice: file the inventory with the court or mail it to interested persons who request it.
Can different appraisers value different assets in a Maine estate?
Yes, expressly: 18-C M.R.S. section 3-707 lets the representative employ a qualified, disinterested appraiser for any asset whose value is in reasonable doubt, and different appraisers for different kinds of property, with each appraiser's name and address tied to the items they valued on the inventory. Estates mixing jewelry, equipment, and a business interest often use exactly that structure.
What is Maine's small estate limit for collecting property by affidavit?
$40,000, measured against the entire estate less liens and encumbrances, adjusted annually for inflation with the current figure published by each county probate court. The affidavit works 30 days after death and only while no personal representative appointment is pending or granted anywhere.
What if property that should have been inventoried in Maine goes missing?
The burden shifts to the personal representative: once an interested party makes a prima facie showing that property is missing from the inventory, the representative must prove by a preponderance of the evidence that it was properly excluded. Thorough, item-level valuation records are the practical defense that statute contemplates.
Can a Maine estate be forced open for tax reasons?
Yes. If an estate that may owe Maine estate tax is not opened within six months of death, 36 M.R.S. section 4116 lets the Probate Court appoint a personal representative on the State Tax Assessor's application. Personal property valuations then follow, whether or not the family initiated probate.