Tag Archives: inventory
The Role of the Commissioner of Accounts in Virginia Estate and Trust Administration
People typically picture the probate process going something like this: a person dies, you find their will, you take the will to the courthouse, the executor pays the debts, and then the executor distributes the assets. Of course, the process is much more complicated and time-consuming than that. Moreover, there are also multiple people involved in the process of administering an estate or testamentary trust. One of these critical people is the Commissioner of Accounts. If you are serving, or have served, as the executor or administrator of an estate in Virginia, you will no doubt have been in contact …
[ CONTINUE READING
]
Tagged
Accounting, Commissioner of Accounts, estate administration, Fiduciary Accounting Requirements, Fiduciary Duties, inventory, litigation, trust administration, Virginia Supreme Court
Posted in Court Opinions, Elder Law Disputes, Fiduciary Accounting Requirements, Fiduciary Duties, General, Guardianship/Conservatorship Proceedings, Legal Terminology, Trust Disputes, Will Disputes
Comments Off on The Role of the Commissioner of Accounts in Virginia Estate and Trust Administration