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Fill and Sign the Order Approving Eighth Annual Account Mississippi Form

Fill and Sign the Order Approving Eighth Annual Account Mississippi Form

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IN THE CHANCERY COURT OF THE ________ JUDICIAL DISTRICT OF ________ COUNTY, MISSISSIPPI IN THE MATTER OF THE TRUST UNDER THE WILL OF _____________________ , DECEASED CAUSE NO. ________ ORDER APPROVING EIGHTH ANNUAL ACCOUNT This cause coming on this day to be heard on the Petition of _____________ of ________ , Mississippi (successor to _____________ ), Trustee under the Will of _____________ , for approval of Eighth Annual Account, and it appearing unto the Court, and the Court finding: 1. That _____________ departed this life testate on or about ________ ___ , 20 ___ , while an adult resident citizen of ________ , Mississippi, and her Last Will and Testament was duly admitted to probate by this Court in Cause No. ________ . That in said Will, _____________ conveyed the residue of her estate in trust to _____________ for the use and benefit of her grandson, _____________ , and her cousin, _____________ , for the purposes set forth in said will. 2. That attached to said Petition and made a part thereof is a true and correct Account of said Trustee for the period ________ ___ , 20 ___ , through ________ ___ , 20 ___ . Said Account is a detailed itemized statement showing all receipts and disbursements made during said accounting period and showing a list of all assets of the trust estate in said Trustee's hands or under its control. As of ________ ___ , 20 ___ , said Account shows assets held by said Trustee with an investment cost basis in the amount of $ ________ . 3. Said Trustee has vouchers covering the disbursements shown in said Account attached to said Petition, and said vouchers were not filed with said Account pursuant to Section 91-9-5 and Section 91-7-277, Mississippi Code of 1972 , as amended, but are on file and shall remain on file with _____________ , and shall be available for inspection by any interested party. 4. That the law firm of _____________ has assisted said Trustee in carrying out its duties during the said accounting period and did prepare and present said Petition, and that said firm should be paid the sum of $ ________ for said services. 5. That said Will of _____________ provided that to the extent that the funds in any Conservatorship account for the benefit of her said grandson, _____________ , were not entirely sufficient to provide for his care, support, maintenance and well being, then said Trustee, in its discretion, should pay, from the interest or corpus of this trust, such sums as would be in the best interests and for the care, support, maintenance and well being of her grandson, _____________ . 6. That the assets of the Conservatorship of _____________ being administered in Cause No. ________ of this Honorable Court are no longer entirely sufficient for the support and care of _____________ , and it is therefore necessary for the Trustee to make expenditures in its discretion from the income of this trust for the benefit and care of _____________ in accordance with said Will to the extent that such Conservatorship funds are not sufficient. IT IS NOW, THEREFORE, ORDERED, ADJUDGED AND DECREED: 1. That said Account attached to said Petition is hereby received as the Eighth Annual Account of said Trustee and that said Eighth Annual Account is hereby approved and allowed, and that all actions taken by said Trustee during the accounting period as reflected in said Account attached to said Petition are hereby approved and confirmed. 2. That _____________ is hereby allowed a commission of $ ________ for its services as Trustee during the accounting period of ________ ___ , 20 ___ , through ________ ___ , 20 ___ . 3. That said Trustee is hereby authorized to pay the law firm of _____________ the sum of $ ________ for its services to the Trustee, plus any reasonable out-of-pocket expenses which said firm has incurred in connection therewith. 4. That _____________ , as Trustee, is hereby authorized to continue to invest all monies not needed for current expenditures in accordance with Section 91-13-3, Mississippi Code of 1972 , as amended, and is hereby authorized to pay in its discretion all reasonable expenses for the support and welfare of _____________ , including all necessary sums for hospital and institutional care, medical and dental expenses, clothing, food, housing, recreation, and other similar necessary expenses, to the extent that such Conservatorship funds are insufficient. SO ORDERED, ADJUDGED AND DECREED, this the ________ day of ________ , 20 ___ . ____________________________________ C H A N C E L L O R Order Presented By: _____________ MSB No. ______ _____________ _____________ ________ , Mississippi ________ Telephone - ___ / ________ Solicitors

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