Probate FAQ
Probate accounting is the organized record of estate money movement, including income, expenses, reimbursements, property costs, distributions, receipts, notes, and supporting documents.
Probate accounting is the process of tracking and explaining estate financial activity during administration. It usually includes estate income, expenses, reimbursements, creditor payments, property costs, distributions, receipts, and records that support review by attorneys, beneficiaries, or the court.
Executors may need to show what came into the estate, what went out, why it was paid, what remains, and what beneficiaries received. The stronger the transaction context, the easier the estate is to review.
A list of numbers is often not enough. Good probate accounting includes the purpose, category, date, payee, supporting document, and notes for each transaction.
Accounting records often become the backbone of final reports, beneficiary updates, professional review, and court-facing documentation.
Use LegatePro to track estate money, receipts, reimbursements, distributions, audit trails, and reports in one workspace.