14-3974. Small estates; closing by sworn
statement of personal representative
A. Unless prohibited by order of the court and except for estates being
administered by supervised personal representatives, a personal representative may close
an estate administered under the summary procedures of section 14-3973 by filing with the
court, at any time after disbursement and distribution of the estate, a verified
statement stating that:
1. To the best knowledge of the personal representative, the value of the entire
estate, less liens and encumbrances, did not exceed allowance in lieu of homestead,
exempt property, family allowance, costs and expenses of administration, reasonable
funeral expenses and reasonable, necessary medical and hospital expenses of the last
illness of the decedent.
2. The personal representative has fully administered the estate by disbursing and
distributing it to the persons entitled thereto.
3. The personal representative has sent a copy of the closing statement to all
distributees of the estate and to all creditors or other claimants of whom he is aware
whose claims are neither paid nor barred and has furnished a full account in writing of
his administration to the distributees whose interests are affected.
B. If no actions or proceedings involving the personal representative are pending
in the court one year after the closing statement is filed, the appointment of the
personal representative terminates.
C. A closing statement filed under this section has the same effect as one filed
under section 14-3933.
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