Skip to Content

We are a Veteran Owned Business, providing 20% discounts for Veterans, First Responders, Elementary and High School teachers. Please contact us to set up a phone or Zoom meeting. Taking care of you and your family, It's What We Do!

Finalizing an Estate as Executor in Lehigh County, PA

Posted on Mon Apr 6, 2015, on Probate and Estate Administration

From our “Ask a Question” Mailbag: Finalizing an Estate as Executor in Lehigh County, PA

Most Recently Updated July 13, 2018

“I am the executor of my mother’s estate in Lehigh County, Pennsylvania. I have sold the real estate, liquidated all the assets and am ready to distribute, but my sister will not give me a release of liability. What can I do?”

Probate-Fees

Finalizing an Estate as Executor in Lehigh County, PA

Finalizing an Estate as Executor in Lehigh County, PA

You are right to be concerned. Prior to making distributions from the estate, you should insist on getting a release of liability. Settlement Agreement

Typically, the probate attorney assembles a Settlement Agreement and attaches to the agreement a complete Accounting of your actions plus a Schedule of Distribution where you inform the heirs of how you plan to distribute the estate assets. After all the heirs agree and sign the Settlement Agreement, you can safely make the distributions.

Formal Accounting

When an heir refuses to sign the Settlement Agreement, you are then forced to file a Formal Accounting. This one would be filed with the Lehigh County Orphans’ Court. These Formal Accountings must follow specific rules. All the heirs are then given a date to file objections to your accounting.

If none are filed, then your Accounting is approved and you are protected. If an heir objects to your accounting there is a hearing where the judge hears all sides and makes a ruling. Either way, you are then released from future liability and you can finally make your distributions.

More Probate Questions?

Finalizing an Estate as Executor in Lehigh County, PA, is only part of the overall probate process. By all means, if you wish to learn more, please read my more detailed article, The Probate Process All You Need to Know.

In Conclusion: Finalizing an Estate as Executor in Lehigh County, PA

I hope that this article was helpful in explaining steps to close an estate. Further, I included links to even more detailed information on my website. Therefore, please contact me and let me know how I did. Certainly, your comments and questions are welcome!

Let our Probate Lawyers help walk you through what can be a confusing process. To begin with, call to speak to one of our experienced Probate Attorneys.  By all means, our lawyers are ready to answer your questions. In fact, feel free to contact our office for a free consultation. Ultimately our goal is to make the process as painless as possible!

Wills, Trusts, Probate, and Estate Litigation, It’s All We Do

 

Tags:

Executor, Fiduciary Duty, Lehigh County, Pennsylvania, Probate, Probate Attorney, Probate Lawyer

Peter KlenkPeter Klenk

What Our clients are saying

Klenk Law Logo
Stars

Dylan Small

Peter provided outstanding advice and preparation of a will and trusts.

Klenk Law Logo
Stars

AJK

Peter has done our family's trust and estate work since our children were born. He is not only extremely knowledgeable and honest but makes sure that our arrangements remain current with the changing legal landscape. I would give him my highest recommendation as a professional in his field.

Klenk Law Logo
Stars

B.A.

Peter Klenk and his associates are responsive and professional - It is a pleasure to work with their team. If you have needs in estate planning or administration, they are the firm to go to in the Philadelphia area!

Klenk Law Logo
Stars

Chris Curcio

Fantastic customer service. Very personable and most importantly they provide great explanations of what is required based on your individual needs. Highly recommend Klenk Law for anyone that needs to create a will and estate documents.

Klenk Law Logo
Stars

Anita R.

Peter came highly recommended by a close friend to do our estate planning. We have been putting off for years. He is knowledgeable, professional and easy to work with.

Let us put our expertise to work for you.

Free consultation within 24 hours.