What does waiver of inventory and accounting mean

I am sorry about the death of your grandmother. Here's a response to your questions with a large caveat: The law governing your jurisdiction (LA) is different than most of the states in the union AND that you should verify my answer with the attorney who submitted the above-referenced documents to you. The estate attorney should answer your questions (but not necessarily for free). Having couched my response therefore, generally, in a probate proceeding, beneficiaries are requested to sign various waivers. A waiver is a simply an agreement that you do not require a certain action to be taken that you otherwise may be entitled to... A waiver of notice simplifies the court's requirement to send you copies of documents that have been filed in the proceeding. Similarly, if you sign a waiver of inventory and waiver of accounting, you are not requiring that a formal inventory and formal accounting be provided to you. An entry of appearance alerts you to the fact that an attorney is appearing on behalf of the estate. The documents that you mentioned are very common documents in uncontested probate proceedings.

The prior attorney gives you great information as to these documents. The important point here is that you are basically giving up the right to more details of the estate and you are trusting the executor without checking on what he has done. If you have any concerns about what is going on with this estate now is the time to voice them. The safest and best way to handle this issue would be to first call the attorney to get a feel for what has been done and then meet with an estates attorney for an hour to discuss all the details. You will then be making an informed decision and not one made in the dark. Hope this helps. If you like this answer and have a Google account , please hit the +1 sign above. It takes just a second to do this and it would be most appreciated and would help others. Thanks. Mr. Fromm is licensed to practice law throughout the state of PA with offices in Philadelphia and Montgomery counties. He is authorized to handle IRS matters throughout the United States. His phone number is 215-735-2336 or his email address is [email protected] , his website is www.sjfpc.com. and his blog is