The beneficiaries of a Will that has been probated and is being administered in a estate proceeding have the right to contest an accounting of the Executor of the Will and Estate.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Whether for business purposes or for individual matters, everybody has to handle legal situations at some point in their life. Filling out legal papers requires careful attention, starting with choosing the proper form template. For instance, if you choose a wrong version of the Account Estate Form With Two Executors, it will be declined once you send it. It is therefore important to have a reliable source of legal documents like US Legal Forms.
If you have to obtain a Account Estate Form With Two Executors template, stick to these simple steps:
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Carrying out the terms of your Will may be a short-term or a long-term job. If you like, you can name more than one Executor to act together as joint Executors. Naming too many joint Executors, however, can make the Executors' duties difficult to carry out. You can also name one or more alternate Executors.
If an executor of a Will dies before the person who made the Will, then it is down to any other named executors to take on the responsibility of administering the estate.
People usually designate one person to serve as the executor of their will, but it is also possible to designate two or more co-executors. Most lawyers advise that one executor is best, as it avoids potential disputes, but there are situations where it may make sense to appoint co-executors.
If you choose to designate more than one Executor, the process is as simple as designating a single Executor. You simply provide each person's information and indicate they are to serve as Co-executors in the Will. Doing so will make each of them an executor with full authority to manage the estate.
Because an executor is responsible for paying the debts of a decedent, managing estate assets and distributing those assets to the beneficiaries named in the will, having multiple co-executors to share some of that workload can be helpful. They can also work together to problem-solve if issues arise.
