A. Any provision herein with respect to the form of accounts may be waived by the court where: (i) The personal representative is also the only beneficiary;(ii) All interested parties consent; or(iii) Other good cause is shown.B. In each estate in which an account is filed in court;(i) Each asset listed in an account shall be designated by the number in the inventory, supplemental inventory or prior account in which it first appears. Distribution of an item or conversion into cash or other disposition need be described only in the first account after completion of the transaction.(ii) All disbursements stated in an account shall be numbered, and sufficiently identified, showing date, name of recipient, purpose and amount.(iii) Each account shall disclose the pendency of any litigation to which the estate is a party.(iv) When accounting for the income and disbursements with respect to an unincorporated business, real estate, or beneficial interest in real estate; the representative shall report only total receipts and disbursements of the operation, but shall retain all supporting vouchers.C. Ten (10) days notice of the hearing on an account, accompanied by a copy of the account, shall be given to any person entitled to a share of the estate who has not received his distributive share in full and to all other persons entitled to notice.D. Each notice shall contain the time, place and nature of the hearing and substantially the following sentence: If the account is approved by the court upon hearing, in the absence of fraud, accident or mistake, the account as approved is binding upon all persons to whom this notice is given.E. Unless waived by the court, each representative shall account for his administration within thirty (30) days after one year following the issuance of letters of office.F. Upon presentation of an account, the attorney for the representative shall furnish receipts for any distributions set forth in the account and a certificate of the attorney and the representative stating that vouchers evidencing disbursements are in the possession of the representative or the attorney. The court may require the presentation of vouchers for examination.G. Unless waived by the person entitled thereto, notice of the hearing on a final account or an account intended to be binding under Section 24-2 shall be given to persons entitled to notice. If a person entitled to notice is represented by an attorney-at-law, attorney-in-fact, or consul or consular agent whose appearance is on file, notice as required for motions shall be given to the attorney-at-law, attorney-in-fact, or consul or consular agent.H. Before the discharge of the representative, there shall be presented to the court a statement from the representative that all death taxes have been paid or provided for, or that the estate is not subject to death taxes.I. Authority to a representative to pay all or part of the distributive share before six (6) months after issuance of letters will be granted only after filing of the inventory.J. If a distributee dies after the decedent's death, but before receipt of his entire distributive share, evidence shall be presented to establish the person entitled to the share or balance thereof.K. In the estate of a ward:(i) Each guardian shall present an account of his administration within thirty (30) days after the expiration of one (1) year after the issuance of letters and, unless otherwise ordered, at least once in each year thereafter.(ii) An account of a guardian or temporary guardian of a disabled person shall state the physical location and the physical and mental condition of the ward.(iii) An account of a guardian of a minor shall state the physical location and the fact of attendance at school or occupation of the ward.(iv) Unless waived by the person entitled thereto, notice of the hearing on a final account or an account intended to be binding under Section 24-11(b) shall be given to each claimant whose claim is filed and remains undetermined or unpaid, and to other persons entitled to notice. If a person entitled to notice other than a ward is represented by an attorney whose appearance is on file, notice as required for motions shall be given to the attorney.Ill. R. Cir. Ct. Will Cnty. 10.11
Effective 11/30/2015; Revised 10/1/2023.