irrivocable trust/final distribution /does trustee record all transactions of settlers' estate to court before being release of duty as fiduciary?
Answer
Typically a trustee of a trust does not have to seek court approval of a final accounting unless it is a trust that is court supervised or the trustee voluntarily seeks court approval. A beneficiary can petition to compel an accounting of the trust if one has not been provided after the beneficiary demanded one in writing 60 days prior to filing their petition.
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