My widowed mother died 7/06. Her estate is in CA. My sister and I are the beneficiaries of the estate. My sister is the trustee of the estate. Her husband, a CPA, is handling the accounting for the estate. Both my sister and her husband had been handling my motherís personal and financial affairs for the 3 Ĺ years prior to her death. These are my questions:
1. Must my brother-in-law share the accounting with me prior to submitting it to the State, or can he do so without my approval?
2. Can I expect a detailed accounting with bank statements to verify his figures, and will the time frame simply begin at date-of-death, or go back to when they had control of her finances? I have reason to expect seal-dealing, so I find this to be quite important.
3. Are there Codes that I should familiarize myself with for this process?
4. What is my recourse if I do not agree with the final accounting?
5. Approximately how long does it take to hear back from the State, and is this also when we are notified of any estate tax?
6. When is the actual distribution made to the beneficiaries?