Leftwood said: At this point, there is no branch collar to worry about. The branch collar Shigo talks about is dead on your tree. That's OK. If you want to know about what a branch collar is, look on a live branch to learn.
I think what greenriverfs is saying (and I concur) is cut the dead part flush with the encircling rolls of growth. (That is where the tree is attempting to grow over and enclose the dead area.) Don't leave any jagged surfaces where water will collect and encourage rot. Your goal is to keep the area naturally as dry as possible. Painting is only advantageous for a few certain trees for specific purposes (not healing), and is not advantageous for maples.
greenriverfs said:
it is important not to leave a jagged surface.