Form 706Me Ez – Fill Out and Use This PDF

FOR ESTATES OF DECEDENTS DYING DURING CALENDAR YEAR 2012 WITH GROSS ESTATES PLUS ADJUSTED TAXABLE GIFTS OF NOT MORE THAN $1,000,000. FOR MORE INFORMATION, GO TO www.maine.gov/revenue/incomeestate/estate

STEP 1

If federal Form 706 is required to be fi led for the estate, use Form 706ME.

Estate of:

Street Address

City/Town

State

ZIP Code

County

Personal Representative or Person in Possession of Decedent’s Property:

First Name

M.I. Last Name

Personal Representative’s Mailing Address

_______________________________

City/Town

State

ZIP Code

Email Address

STEP 2 Authorization is granted to the representative listed below to receive copies of confidential tax information related to this return under 36 MRSA § 191 and to act as the estate’s representative before Maine Revenue Services.

Firm Name

Contact Person: First Name

M.I. Last Name

Contact Person Mailing Address

THE PERSONAL REPRESENTATIVE IS PERSONALLY LIABLE FOR ANY TAX DUE IF IT IS LATER DETERMINED THAT MAINE ESTATE TAX LIABILITY EXISTS.

Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements and to the best of my knowledge and belief they are true, correct and complete. Declaration of preparer is based on all information of which preparer has any knowledge.

__________________________	______________________________	(	)
		____________________
Firm’s Name (or preparer’s if self-employed)	Preparer’s Address	Preparer’s Telephone Number

INSTRUCTIONS

MAINE ESTATE TAX INFORMATION RETURN FOR LIEN DISCHARGE

IF THE FEDERAL GROSS ESTATE PLUS ADJUSTED TAXABLE GIFTS IS MORE THAN $1,000,000, OR IF A FEDERAL FORM 706 IS REQUIRED, YOU CANNOT USE FORM 706ME-EZ. YOU MUST FILE MAINE FORM 706ME.

Note: 1) The value of the decedent’s gross estate is the fair market value at date of death of all property, real or personal, tangible or intangible, wherever situated. Gross estate value is not the same as the probate estate value.

2)Adjusted taxable gifts is the total value of gifts made by the decedent after December 31, 1976 in excess of the annual exclusion from gift tax.

The following documents must be included with Form 706ME-EZ:

•A copy of the decedent’s will.

•A copy of the Certifi cate of Discharge of Estate Tax Lien containing a description of the property.

•A copy of the appraisals or documentation of fair market value at the time of death. Provide a list and description of assets.

•A completed worksheet for Form 706ME-EZ, Line 3.

•A copy of federal Forms 709.

SPECIFIC LINE INSTRUCTIONS

Step 1 Enter all required information. Failure to fully complete Step 4
	this section will delay the processing of the return. If a				Line 1 On line 1a, enter the value of gifts in excess of the
	personal representative has not been appointed, every
						applicable annual exclusion from gift tax made by
	person in possession of any property of the decedent is
						the decedent. On line 1b, indicate if any federal
	considered a personal representative and must be listed
						gift tax returns were filed by or on behalf of the
	as a personal representative on the return that is filed
						decedent.
	for the estate. A personal representative can also be
	known as an executor. If there is more than one personal				Line 3 Enter the gross value of the estate from column B,
	representative, fill in the information for one and attach a					line 12 of the worksheet below. If column B, line
	schedule listing all personal representatives.					12 is more than $1,000,000, you cannot use Form
Step 2 This section must be completed if you choose to have						706ME-EZ; you must fi le Form 706ME.
	copies of confidential tax information sent to anyone other			SIGNATURE: A personal representative of the decedent is
	than the personal representative.					required to sign this return.		Failure to do so will
Step 3 Check the appropriate box for the decedent’s residency						result in the return being rejected, further delaying
						its processing.
	status at the time of death. See Maine Rule 807 at www.
	maine.gov/revenue/rules.
			Worksheet for Form706ME-EZ, Line 3			Name __________________________________
		This worksheet must be completed or Form 706ME-EZ will not be processed.
		(Attach a detailed description of all assets, including the fair market value of
	each) For more information, to to www.maine.gov/revenue/incomeestate/guidance					Social Security Number ______/_____/______
			and select “Maine Estate Tax Guidance Document .”
							Value
	Line
			Gross Estate				Column A	Column B
	Number
							Taxable by	Federal Gross
							Maine	Estate

1Real Estate (Please include Real Estate Documentation of Value)

2Stocks and Bonds

3Mortgages, Notes and Cash

4Insurance on the Decedent’s Life (attach Form(s) 712)

5Jointly Owned Property

6Other Miscellaneous Property

7Transfers During Decedent’s Life ( include revocable trust(s))

8Powers of Appointment

9Annuities/Retirement Assets

10Trusts or Pass-through Interest

11Taxable Portion of Gifts Shown on page 1, line 1a

12Total Gross Estate (add lines 1 through 11 and enter the total from column B on page 1, line 3)

If the estate contains Maine elective property, Form 706ME must be filed. For more information on Maine QTIP property and Maine elective property, see www.maine.gov/revenue/incomeestate/estate/.

	MAINE REVENUE SERVICES
MAIL RETURN TO:	P.O. BOX 1064
	AUGUSTA, ME 04332-1064	Rev. 08/11

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