Can I distribute to the beneficiaries before Court approval of the final account?
Yes. A personal representative may choose to distribute estate assets as soon as the personal representative is appointed. However, the personal representative is responsible if there are not enough assets to satisfy any valid remaining claims of creditors or to make proper distribution to estate beneficiaries. Otherwise, a personal representative may choose to wait until approval of the final account to make final distribution of the decedents assets.
Related Questions
- When can funds be turned over to a minor who has become 18? Can distribution be made to the minor prior to the approval of the final account?
- Can I distribute any assets or pay any bills pending court approval of the final account?
- Can I distribute to the beneficiaries before Court approval of the final account?
