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Do estate beneficiaries receive a full accounting of the estate administration?

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Do estate beneficiaries receive a full accounting of the estate administration?

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Yes, a copy of the final account is mailed to all beneficiaries when it is submitted to the Court for approval. The accounting includes a record of all receipts, disbursements, fees, and the proposed distribution. How long does it take for the estate to be distributed to the heirs? The complexity of the estate and the determination of the individuals who are entitled to inherit the estate dictate the length of time an estate administration will take. Beneficiaries are cautioned not to plan their financial affairs upon the expectation of receiving a distribution of a certain amount at a specific time. In certain instances, a partial preliminary distribution of estate assets can be made with Court approval. How much does the Public Administrator charge for its services? California law provides a statutory fee for the personal representative/administrator of an estate. The Public Administrator is allowed the same compensation as private administrators. The allowable fees are based on the

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