All About Estates
By Betty Laidlaw
July 31st, 2026
Estate trustees (Executors) have a duty to keep accurate records of estate assets and transactions throughout their administration and to account to beneficiaries at appropriate intervals.
The estate accounts tell the story of how estate assets were collected, managed, spent, and distributed. Once that accounting has been provided, estate trustees may seek a discharge for the period covered by the accounts, either through beneficiary releases or a court passing of accounts.
A recent passing of accounts decision Witoslawski v. Podsiadly provides a useful reminder of the importance of accurate accounts and organized records. Despite more than 150 objections, the estate trustee successfully defended her administration because she maintained “meticulous records” and strong supporting documents.
