Wills, probate, letters of administration, powers of attorney
As executor you need to provide all beneficiaries and family members with a copy of the will, together with financial statement and a cheque for their share if applicable.
It is not reasonable to nor is it required for you to account for any outgoings during your mothers lifetime. However if you have the statements and details of any significant purchases from her funds whilst you were PoA, you should keep these just in case someone brings an action against you.
Thanks for this advice, the financial statement - Is this the bank statement which shows deductions for funeral expenses, which is the only cheques I had drawn after her death - I have a recent statement which shows interest earned on the account since her death - should I give them copies of both. I also have accounts for dental and pathology which need to be paid from the estate once funds are released and I had planned on putting together a little spreadsheet showing these costs as well as accounts I have paid to enact probate and deducted before dispersement of funds.
No, the statement I refer to will need to be drawn up by you, to show her assets and liabilities (this will include the dental and pathology accounts), together with funeral expenses and your expenses in winding up the estate, make a details list of all items, and a schedule of distribution of the estate. Much of this you should have from the stuff you submitted to the probate court.
Wow - this advice is exactly what I was after and have been wondering where to go to ask - I did not engage a lawyer for probate as my mother would have turned in her grave if I wasted what was her hard earned dollars and have done the whole process myself - not as bad as I thought until this stage, when suddenly I wondered what exactly were my obligations. Thanks again for this wonderful advice - I shall prepare the necessary paperwork and hold my head high that I not only did as my mother wanted during her lifetime, but have also dealt with her estate as per her wishes. Bless you
Whilst I am here - one of the ladies at work lost her mother a couple of months ago - she looked after her mother for some time and her mother had some money but she does not communicate with other members of her family very well and is wondering if there is a will and is she a beneficiary - on checking on line if documents have been put in to probate in the supreme court it would appear this has not been done - is this the only way she will find out about her mothers estate.