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.
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15-7-308. Removal of trustee. (1) A trustee may be removed in ance with the terms of the trust or by the court on its own initiative or on petition of a trustor, cotrustee or beneficiary. (f) For other good cause shown.
15-7-101. Duty to register trusts. The trustee of a trust having its principal place of administration in this state shall register the trust in the court of this state at the principal place of administration.
Your rights as the beneficiary of an estate plan in Idaho As a beneficiary in Idaho, you have several rights. At the most basic level, you are entitled to receive information about the estate and its administration. You also have a right to an accounting of the estate's assets, debts, and distributions.
Any person aged eighteen (18) and over may renounce his right to an appointment by appropriate writing filed with the court. When two (2) or more persons share a priority, those of them who do not renounce must concur in nominating another to act for them, or in applying for appointment.
Idaho law provides that a trustee must "observe the standards in dealing with the trust assets that would be observed by a prudent man dealing with the property of another " and "must administer a trust expeditiously".
15-7-303. Duty to inform and account to beneficiaries. The trustee shall keep the beneficiaries of the trust reasonably informed of the trust and its administration.
Under normal circumstances, as listed above, a probate must be completed within 3 years of a person's death. However, Idaho has a specific statute that allows for a joint probate to be completed for both spouses regardless of how much time has gone by since the first spouse passed away.
The Seven Steps in Idaho's Informal Probate Process Initiate the Probate Proceeding. ... Acceptance of the Application and Issuance of Letters. ... Notice to Heirs and Devisees. ... Notice to Creditors. ... Inventory of Estate. ... Distribution of Estate assets. ... Informal Verification Statement of Personal Representative Closing Estate.
