Exhibit 5.1
CONSENT OF INDEPENDENT ACCOUNTANTS
The Sponsors and Trustee of Municipal Investment Trust Fund--Multistate
Series--407, Defined Asset Funds (Michigan Insured, New Jersey Insured, New York
Insured and Ohio Insured Trusts)
We consent to the use in this Post-Effective Amendment No. 1 to Registration
Statement No. 333-72789 of our opinion dated May 23, 2000 appearing in the
Prospectus, which is part of such Registration Statement, and to the reference
to us under the heading "How The Fund Works--Auditors" in such Prospectus.
DELOITTE & TOUCHE LLP
New York, NY
June 7, 2000
