(a) An appointment of a personal representative terminates as provided in section 524.3-1003, one year after the filing of a closing statement.

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Terms Used In Minnesota Statutes 524.3-610

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

(b) An order closing an estate as provided in section 524.3-1001 or 524.3-1002 terminates an appointment of a personal representative.

(c) A personal representative may resign the position by filing a written statement of resignation with the registrar after having given at least 15 days written notice to the persons known to be interested in the estate. If no one applies or petitions for appointment of a successor representative within the time indicated in the notice, the filed statement of resignation is ineffective as a termination of appointment and in any event is effective only upon the appointment and qualification of a successor representative and delivery of the assets to the successor.