Modified Administration

Finally, there is Modified Administration, which may be elected within three months of the opening of a regular estate.    In order to qualify for modified administration, all the residuary beneficiaries – those persons named in the decedent’s Will or a person’s heirs, must be either the Personal Representative, surviving spouse, or children.  Modified Administration  is a much quicker option, but if any deadline is missed, the Estate will revert to a regular estate administration.