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Difference between revisions of "Ten Steps to Being an Executor"
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Ten Steps to Being an Executor (view source)
Revision as of 21:46, 12 February 2016
, 21:46, 12 February 2016→Step 9: Account to the Beneficiaries
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== Step 9: Account to the Beneficiaries == | == Step 9: Account to the Beneficiaries == | ||
Before you distribute the estate among the beneficiaries, you must give them an accounting of your administration of the estate and they must agree with it. | Before you distribute the estate among the beneficiaries, you must give them an accounting of your administration of the estate and they must agree with it. | ||
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{{PLSTipsbox | {{PLSTipsbox | ||
| text = The beneficiaries must approve your statement of accounts. In seeking their approval, you should ask them to sign a release. In the release, the beneficiary agrees, in consideration for receiving the gift from the estate, not to make any claims against you related to your work as executor. | | text = The beneficiaries must approve your statement of accounts. In seeking their approval, you should ask them to sign a release. In the release, the beneficiary agrees, in consideration for receiving the gift from the estate, not to make any claims against you related to your work as executor. | ||
}} | }} | ||
== Step 10: Distribute the Estate == | == Step 10: Distribute the Estate == | ||