Annual Accounting by Executor or Administrator

An anual accounting is filed with the court by an executor or administrator showning receipts, expenses and other information in administration of the estate.

A Will may waive the requirement of an annual accounting.  In an administration the Court may waive the requirement of annual accounting.

However, a beneficiary of the estate, or other interested person may file and ask the court to require the executor or administrator to file an accounting.

In an annual and final settlements, the executor, administrator, or guardian shall be entitled to credit for such reasonable sums as he or she may have paid for the services of an attorney in the management or on behalf of the estate, if the court be of the opinion that the services were proper and rendered in good faith.

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All content is for informational purposes only. It is also only intended to relate to Mississippi Estate Planning Law.  If other states are mentioned, they are mentioned as an example only. No legal advice is provided in this content. Laws change so you need to check for any updates by current laws in Mississippi.