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Why do people request an Accounting from an Estate Account?
They want to know what property was included in the estate and where it went.
A detailed accounting of all the goods in stock?
inventory
How do you dissolve an estate?
You close out the estate with the court. It requires a final accounting and a complete plan of the distribution. If the court approves, the estate is closed.
Accounting in real estate cash flow game?
I have trouble in doing accounting work in real estate cash flow game. I have add. And it is very confusing. Can you help. Thank You Jerome Back
What are the obligation of an executor to the heirs of an estate?
To insure that the estate is settle correctly and efficiently to maximize the heirs inheritance and to provide clean title to property. A full accounting of the estate and its assets must be produced.
Can you first accept to become executor of the estate and then resign?
You can resign from the position upon providing a full accounting of your actions in regards to the estate.
What are the accounting entries in a real estate firm?
There are many accounting entries that can be used in a real estate firm's books. For example, accountants will need to debit cash for an incoming payment, or credit accounts payable for money spent on credit.
Where can one find information on real estate accounting?
A website called 'George E Dube' explains what is real estate accounting. All the information published on the article is reliable and accurate so don't worry about being lied to.
Where can you take an online accounting course?
You don't need to have an accounting degree or accounting courses to do your taxes. Most tax forms come with detailed instructions. Further the IRS also has detailed guidance about complex tax topics at the IRS.gov website. Most tax preparation software also includes extensive help.
After listing the estate's inventory how is the estate closed.what if there is no accounting of estate tax on estate.?
Once the inventory and valuation of the estate is completed, the executor provides the court with a dispensation, shows that the taxes have been filed. If the court is satisfied that everything has been allocated according to the will or the intestate laws, they will close the estate.
Does a exector of estate have to show where the money went?
Yes, they must show a full accounting to the court.
How do you spend the money from your husbands estate in the state of pa?
Only the executor can do that. They will have a letter of authorization from the probate court. They will provide a complete accounting to the court for the estate and what was spent.
