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The question of how long probate takes in Missouri, as in any state, depends on several factors, including the size of the estate, the existence of a will, and the efficiency of the executor or personal representative. In general, probate in Missouri can take anywhere from several months to over a year.
A Statement of Account is the Final Accounting submitted in an Independently Administered Missouri Probate Estate. it contains Four sections. The first simply summarizes the initial Inventory filed in the case ? in other words, what the decedent left to be administered.
However, if your loved one's estate is valued at less than $40,000, you may qualify for simplified probate in Missouri. In this case, you could submit a written request to the court, pay off any debts and sign an affidavit for your inheritance.
A person having a claim against an estate as a result of a judgment or decree must file his claim within the time specified in § 473.360, RSMo. This may be accomplished by filing a copy of the judgment or decree in the Probate Division within that time.
The Estate Settlement Timeline: There isn't a specific deadline for this in Missouri law, but it's generally best to do so within 30 days to prevent unnecessary delays in the probate process.
The order of final distribution must dispose of all personal property not previously distributed, as reflected on the final settlement. All real property shown on the inventory, which has not been sold by the personal representative, must also be included on the order.
A ?discovery of assets? claim is a probate claim in Missouri in which an interested party in an estate may seek to re-title property wrongfully taken from an estate back into the estate's name.
To be appointed, the personal representative needs to usually apply for ?letters testamentary? with the proper court, which in turn will authorize that person to act as personal representative and carry out the instructions contained in the decedent's will.