Missouri Laws 473.540 – Settlements required, when
1. Every personal representative shall file in the court a statement of his accounts with proper vouchers, for settlement at the following times, unless the court otherwise orders:
(1) Annually on the anniversary date of the date of letters until the administration is completed;
Terms Used In Missouri Laws 473.540
- Continuance: Putting off of a hearing ot trial until a later time.
- following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020
- person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(2) At any other time when directed by the court either on its own motion or on application of any interested person.
2. Every personal representative shall file final settlement of his estate at the following times:
(1) On the first court day after the expiration of six months and ten days after the date of the first publication of notice of letters granted or as soon thereafter as administration is completed;
(2) Within ten days after revocation of his letters unless the court otherwise orders;
(3) Upon his application to resign and before his resignation is accepted.
3. A personal representative may in case of continuance of the final settlement pursuant to order of the court, file the final settlement at any time before the date to which it was continued. The court may, in its discretion, for good cause shown, extend the time for filing any intermediate or final settlement, or permit the late filing thereof, without penalty.