Assertion: probate's estate | /r/HasProperty | closed
Facets:
value: automatically
type: MANNER
value: officially
type: MANNER
Source sentences:
text: Once approved, the administrator will transfer the assets and the estate will be closed.
text: When all debts have been paid and property distributed, the court should be notified so the estate can be closed.
text: Probate is the judicial process of validating a Last Will and Testament before the testator’s (the person who made the Will) assets can be distributed and their estate can be closed.
text: After that waiting period is over, the estate can be closed as soon as the personal representative has gathered all the assets, paid debts and taxes.
text: After everything has been distributed, the personal representative files evidence (receipts) with the court and asks that the estate be closed.
text: Before the estate can be closed, the personal representative must file a final accounting with the court.
text: Before the estate can be officially closed, the executor must file a final accounting that shows how estate assets were handled.
text: Assuming a beneficiary does not object within 30 days of filing, the estate is automatically closed and you are discharged from your duties.
text: Once the beneficiaries have been paid, the estate is closed.
text: The estate can be closed if all has been completed properly and in accordance with the law.
text: This must be done before an estate can be closed.
text: You will automatically get notice of certain petitions filed, including the petition for appointment of the personal representative and the final petition when it is time for the estate to be closed and distributed.
text: If the beneficiaries do not waive the accounting and do not agree to an expedited Motion for Summary Administration, then it may take up to 1 year or longer (from the executor’s date of appointment) before the estate can be closed.
text: The estate is then closed.