Disclaimer: This article is for informational purposes only and does not constitute legal advice.
Understanding Missouri Probate Accounting Requirements
In Missouri’s full probate administration, a personal representative must file accountings with the court to detail estate assets, receipts, disbursements and fees. The court may require interim accountings during administration and a final accounting before distributing assets. Missouri’s Probate Code governs these duties:
- Mo. Rev. Stat. § 473.757 requires a final account and court approval: Mo. Rev. Stat. § 473.757.
- Mo. Rev. Stat. § 473.777 allows the court to require and schedule hearings on interim or final accounts: Mo. Rev. Stat. § 473.777.
Service of Accounting Copies to Interested Persons
Once an accounting is filed, the personal representative must serve a copy on all “interested persons”—heirs, devisees, creditors and other beneficiaries. Missouri Supreme Court Probate Form 16 mandates that the fiduciary certify service by mailing or delivering a copy of the verified account to each interested person. This ensures you can review transactions and object if necessary.
Exceptions: Small Estates and Summary Administration
If the estate qualifies for summary administration under Mo. Rev. Stat. § 473.013, the court may dispense with formal inventory and accounting requirements. Summary administration applies when asset values fall below statutory thresholds. In such cases, you may not receive a detailed accounting.
Review the eligibility rules carefully: Mo. Rev. Stat. § 473.013.
How to Request and Review an Accounting
- Submit a written request to the personal representative for a copy of the accounting.
- If the representative does not comply, file a motion to compel under Mo. Rev. Stat. § 473.787.
- Attend the court hearing on the account and object to any errors or unreasonable fees.
- Keep detailed records of all correspondence and filings.
Helpful Hints
- Identify all “interested persons” under Mo. Rev. Stat. § 472.010.
- Know deadlines: inventories are due within 90 days after letters are granted (Mo. Rev. Stat. § 473.714).
- File objections within 10 days of the court’s notice of hearing on the account (Mo. Rev. Stat. § 473.777).
- Review Missouri Probate Rule 47 for formal service requirements.
- Consider consulting a probate attorney if disputes or complex issues arise.