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Accounting for Personal Representative Arkansas Form

Accounting for Personal Representative Arkansas Form

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what does it mean to file an annual accounting well if you're a personal representative in an estate and it is without a will that is intestate you've got an obligation to file annual accountings with the court so that the court knows what you're doing with the estate your first accounting is filed 15 months at least or within 15 months of when you open your state and then every other accounting is filed within a year and the whole idea is to keep you on track to let the court supervise what you're doing and ensure that the heirs or the beneficiaries can look at the court filings and see how much money there is and determine are they going to get any money or are you taking money or any of that so you just file it with the probate court but you've got to do that basically every year after after you open the estate now if you have a will that says accountings are waived then you don't have to do that another good reason to have a will I ho

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