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If a beneficiary requests access to financial institution statements and the executor refuses to provide them, the beneficiary can take legal action. They can follow the court for an order compelling the executor to reveal the requested information.
5 FACTORS TO CONSIDER WHEN NAMING A PERSONAL REPRESENTATIVE Responsibility and Availability. Aside from trust, your representative should understand the importance and length of time required for successful completion of their role. ... Well-Organized. ... Location. ... Age & Wellbeing.
The Executor can show beneficiaries an informal accounting if they ask for it. However, the Executor does not have to show a formal accounting if the beneficiaries do not agree. An executor must file a formal accounting with the court if the beneficiaries are unsatisfied.
In other words, the personal representative has the responsibility to ensure that the decedent's affairs are taken care of after death, in ance with the decedent's Last Will and Testament (Will), if one exists, or in ance with state law if the decedent died without a Will.
Informal probate is the process of submitting the paperwork to the probate court registrar who may appoint the personal representative and admit a will to probate or that the person died intestate (without a will). All without a court hearing before a judge.