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Ely
Ely, Counselor at Law
Category: Estate Law
Satisfied Customers: 101939
Experience:  Fully licensed attorney in Texas in private practice.
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Does the executor of a will have to provide an accounting of

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Does the executor of a will have to provide an accounting of all money spent from the estate monies to those other beneficiaries of the estate?

A younger sister has declared that the estate money is all spent and we can't figure out how she spent it all? If asked to do so, does she have to show us an accounting?

Thank you so much
Hello friend. My name is XXXXX XXXXX welcome to JustAnswer. Please note: (1) this is general information only, not legal advice, and, (2) there may be a slight delay between your follow ups and my replies.

I am sorry for your situation.

Does the executor of a will have to provide an accounting of all money spent from the estate monies to those other beneficiaries of the estate?

Yes.

A final accounting by the executor is done as a matter of due course upon closing of a probated estate. However, at any time prior to the closing, an interest party to the estate (i.e. a beneficiary) may request an "interim" accounting from the executor via writing.

The executor then has to provide said accounting. If the executor refuses and/or the accounting is lacking or is questionable, then the beneficiary may petition the court for a hearing to force the executor to complete the accounting, and if the Judge finds that the executor has been spending money without justifiable purpose or without reasonable care befitting the estate, the executor may very well be removed and another appointed.

I hope this helps and clarifies. Good luck.

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