ONLINE LEGAL DOCUMENTS
Rendering of account by the liquidator
To establish the net value of assets and liabilities of the deceased's estate following its administration by the liquidator...more
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- The rendering of account is one of the final steps in the process of liquidation of an estate.
- It establishes the net assets to be distributed to the heirs or determines the liabilities of the estate after paying creditors and legatees.
- It is then the balance sheet of assets and liabilities of the estate that the liquidator draws up.
- The rendering of account must be sufficiently detailed to allow the heirs to verify its accuracy and then to release the liquidator from his administration by signing a discharge.
- The liquidator must deliver the administered property and the related vouchers at the end of his administration.
- For more information and more complex situations, we invite you to contact .
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