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ESTATE TAX ESCROW AGREEMENT FOR AN ESTATE WITH REAL PROPERTY On this day of, the Maine State Tax Assessor (the Assessor) and the Estate of (the Estate), by its Personal Representative, and Escrow

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What is estate tax escrow agreement?

An estate tax escrow agreement is a legal document that allows for the payment of estate taxes in installments.

Who is required to file estate tax escrow agreement?

The executor or personal representative of an estate is required to file an estate tax escrow agreement.

How to fill out estate tax escrow agreement?

To fill out an estate tax escrow agreement, the executor must provide information about the estate's assets, liabilities, and beneficiaries.

What is the purpose of estate tax escrow agreement?

The purpose of an estate tax escrow agreement is to facilitate the payment of estate taxes over time, rather than in one lump sum.

What information must be reported on estate tax escrow agreement?

Information such as the value of the estate, the amount of taxes owed, and the proposed payment schedule must be reported on an estate tax escrow agreement.

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