1. Each settlement filed by a personal representative shall state the period for which
it is made and, among other things, shall contain a just and true account of all moneys
collected by such personal representative, the date when collected, from whom collected
and on what account collected, whether on claims charged in the inventory or for property
sold or otherwise; and it shall show the exact amount of principal and interest collected
on each claim, and also the amount and date of each expenditure or distribution, and
to whom and for what paid. Such settlement shall also show what interest has been obtained by the personal
representative upon any funds in his or her hands, and when obtained, on what amounts,
for what time and at what rate percent. Each expenditure of more than seventy-five dollars for which a personal representative
claims credit in any settlement shall be supported by vouchers executed by the person
to whom the disbursement was made or other documentation, such as an electronic copy
of a check or a bank statement, which establishes to the court's satisfaction that
the payment claimed in the settlement was actually made to the payee to whom it is
claimed to have been made. The court has discretion to require documentation for expenditures of less than
seventy-five dollars. Every settlement shall be signed by the personal representative.
2. When the law, local probate rule or practice requires the production of original
cancelled checks or drafts as part of any interim or final settlements of any kind
by personal representatives, conservators, or other persons, such information may
be retained and reproduced in a form permitted under section 362.413; and, provided such information meets the requirements of section 362.413, no court may require the production of the original checks and drafts.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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