Alabama Contest of Final Account and Proposed Distributions in a Probate Estate

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US-02652BG
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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.

Keywords: Alabama, contest, final account, proposed distributions, probate estate. Description: The Alabama Contest of Final Account and Proposed Distributions in a Probate Estate refers to a legal process that can occur in the state of Alabama when there are disputes or disagreements regarding the final account and proposed distributions of assets in a probate estate. This process is crucial in ensuring that the estate's assets are distributed according to the deceased person's wishes and in compliance with the applicable laws. There are several types of contests that can arise during the final accounting and distribution phase of a probate estate in Alabama. These include: 1. Contesting the accuracy of the final account: Beneficiaries or interested parties may challenge the accuracy of the final account statement, which details the assets, debts, expenses, and distributions of the estate. They may argue that certain items were omitted, or there were errors in valuations or calculations. 2. Contesting the proposed distributions: Disputes may arise regarding the intended distribution of assets among the beneficiaries. Parties may challenge the fairness of the proposed distributions or claim that they were unfairly excluded or neglected. 3. Contesting the validity of the will: In some cases, individuals may contest the validity of the deceased person's will, which can subsequently impact the final account and proposed distributions. They might argue that the will was improperly executed, forged, or signed under undue influence or lack of mental capacity. 4. Contesting executor's performance: Beneficiaries or interested parties may challenge the executor's performance in handling the estate. They might claim that the executor breached their fiduciary duties, engaged in self-dealing, or mismanaged the assets, affecting the accuracy of the final account and proposed distributions. In Alabama, the contest of final account and proposed distributions typically involves filing a petition with the probate court, stating the objections or disputes. The court will then schedule a hearing to evaluate the contest and make a ruling based on the evidence and applicable laws. It is essential for all parties involved in a probate estate in Alabama to be aware of the potential for contests during the final account and distribution phase. Engaging experienced legal professionals specialized in probate law can help navigate and resolve these contests effectively, ensuring a fair and lawful distribution of assets.

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FAQ

With the distribution of all assets, the executor is said to have ?closed the estate.? But, the executor still retains the power to gather newly discovered assets and address future complaints.

(a) The surviving spouse, if there is one, otherwise the distributees of an estate of personal property only, may initiate a proceeding for summary distribution of the estate by filing a petition as hereinafter provided in the probate judge's office of the county in which the decedent was domiciled at death.

Most states have a ?small estates? rule that allows you to avoid probate entirely, as long as the estate value doesn't pass a certain threshold. In Alabama, if an estate doesn't have any real property and the value doesn't exceed $25,000, after waiting 30 days, you can use what's known as a summary probate procedure.

(a) Upon the death of a person, decedent's real property devolves to the persons to whom it is devised by decedent's last will or to those indicated as substitutes for them in cases involving lapse, renunciation, or other circumstances affecting the devolution of a testate estate, or in the absence of testamentary ...

The Alabama Small Estates Act was passed in 1979 and amended in 2009. This Act provides a method, through a court proceeding, to distribute personal property of a deceased person in a summary distribution manner to a surviving spouse, or appropriate distributes of the decedent, without full probate administration.

If the decedent didn't leave parents or children, the spouse gets everything. If the decedent was survived by parents but not by children, the spouse gets $100,000 and half of the balance of the decedent's estate. The decedent's parents get the remaining half.

The End Stage of Probate Once debt and bills are paid and the remaining assets are distributed, the executor will submit receipts and records of everything to the court. At that time, the executor will ask the court to close the estate and release the individual from the role of executor.

You are not allowed to pay any debts of the Decedent unless a written claim is filed in Court. Creditors have six months from the date the Estate is opened to file a claim with the Court; however, if you fail to timely give the ?notice? discussed in paragraph 4 above, this time may be extended.

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Closing the Alabama estate (settling the estate, distributing the assets, and discharging the executor) is the final step in the Alabama probate process. The Personal Representative must file a final account, report and petition for final distribution, have the petition set for hearing, give notice of the hearing ...... , herein referred to as the "Petitioner," herewith files for probate and record a certain written instrument which purports to be the Last Will and. The final accounting will list the basic information that was in the inventory, and will set forth the total amount of funds received and total disbursements, ... The Alabama Small Estates Act, sections 43-2-690 through 696, establishes a procedure whereby the probate judge may be petitioned to make a summary distribution ... Present the heirs and beneficiaries with a final accounting. File a petition for final distribution and accounting. Receive tax clearance letters from IRS ... Ask the Commissioner how many copies are required to be filed. B. Accounts must be signed by each of the executors, administrators or curators. C. An account ... Sep 12, 2018 — Generally, you would need to fill out a claim form and provide a copy of the death certificate to the account, such as a bank or brokerage. An ... 3) Complete the Duties and Liabilities & Confidential Supplement to Duties and Liabilities forms -. (Forms DE-I47 & DE 147S), make 2 copies and file in Room 429 ... Statement of proposed distribution. A personal representative filing an account shall file a statement of proposed distribution or a request that distribution ...

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Alabama Contest of Final Account and Proposed Distributions in a Probate Estate