Papers Topic: Passing of Accounts
1 PaperPassing of Accounts and Business Assets
by: Angela Casey, February 4, 2016
Passing the Trustee’s Accounts When There Are Business Assets At the beneficiaries’ insistence, or at his own initiation, a trustee[i] may apply to court to pass his accounts. Once in court passing format, the accounts will list the deceased’s assets as of date of death, and trace any subsequent disposition of those assets. However, where…read more