The Probate Court oversees the administration of estates, conservatorships, and certain trusts. Therefore, executors and administrators are required to file an annual accounting with the Commissioner of Accounts verifying that the administration is compliant with the legal document or local law. The accounting consists of all transactions effecting the assets under administration during the previous twelve month period with documentation. The Accounting which is approved by the Commissioner of Accounts must be presented in the format prescribed by the court.
Over the last twenty years, we have assisted fiduciaries in filing accountings with the Commissioners of Accounts in various jurisdictions. If you are an executor or administrator who has been struggling with the probate process, we will be glad to meet with you to discuss your situation. Please contact us for a free one hour consultation.