Does An Executor Have To Show Accounting To Beneficiaries

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Does An Executor Have To Show Accounting To Beneficiaries

Yes, in most cases, the person in charge (executor) has to share a money report with the people who inherit stuff (beneficiaries). This report tells you what money came in, what was spent, and what’s left. It’s like a financial scorecard that helps you see how things are going and make smart money decisions. It’s all about transparency and making sure everyone knows what’s happening with the money from the estate. But the exact rules can vary, so you might want to consult a legal expert or local laws to be sure.

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