Last updated: 5/3/2019
Report Of Estate Not Fully Distributed
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Description
(Rev. 6/98) REPORT OF ESTATE NOT FULLY DISTRIBUTED (22 NYCRR 207.42)SURROGATE222S COURT COUNTY Estate of ,DeceasedFile No. Date of issuance of first permanent letters Approximate amount of gross estate $Approximate amount that has been distributed to beneficiaries$Approximate amount remaining in fiduciary222s hands at present$ This estate has not yet been fully distributed for the following reason: [state briefly and state date bywhich distribution may be expected]Date of this report FiduciaryAddress: Phone: Attorney for above FiduciaryAddress: Phone: American LegalNet, Inc. www.FormsWorkFlow.com Uniform Rule 247207.42 Report of estates not fully distributed(a) Whenever the estate of a decedent has not been fully distributed or a final accounting filedwith petition for settlement within two years from the date when the first permanent letters ofadministration or letters testamentary were issued where the gross taxable estate of such decedent doesnot require the filing of a federal estate tax return, and within three years if a federal estate tax return isrequired, the executor or administrator shall, at or before the end of the first complete month followingthe expiration of such time, file with the clerk of the court a statement in substantially the followingform: (see other side of this sheet for form)(b) The court shall thereupon take steps as it deems appropriate to expedite the completion of theadministration of the estate and the distribution of all assets.( c) Failure to file such statement will be considered by the court on any application forcommissions or legal fees and may constitute a ground for disallowance of commissions or fees.(d) The periods set forth in subdivision (a) hereinabove stated are not intended to set a standardtime for completion of estate administration but rather to fix a period after which inquiry may be made bythe court.(e) This section shall not limit the power of the court to direct an accounting at any time on itsown initiative or on petition pursuant to SCPA 2205.SCPA, see McKinney222s Book 58ANOTE: IF YOU HAVE NOT TAKEN THE NECESSARY STEPS TO CLOSE OUT THE ESTATE INOUR OFFICE, (Judicial Settlement - Affidavit & Final Order, filed all necessary releases and affirmation by attorney or proceedings under SCPA 247 2202 and 247 2203), THE ESTATE IS NOT CONSIDEREDCLOSED BY THE SURROGATE222S OFFICE.THEREFORE, EVEN THOUGH THE ESTATE ASSETS MAY HAVE BEEN DISTRIBUTED, THE PROPER STEPS TO CLOSE OUT THE ESTATE MUST BE TAKEN. IT IS NOT SUFFICIENTTO FILE THE ATTACHED FORM AND INDICATE THAT THERE ARE NO FUNDS REMAININGIN THE FIDUCIARY222S HANDS. American LegalNet, Inc. www.FormsWorkFlow.com American LegalNet, Inc. www.FormsWorkFlow.com American LegalNet, Inc. www.FormsWorkFlow.com