Rule 6.1.1 - Accounts Required Time For Filing. Family Settlement Agreement In Lieu Of Audit And Confirmation.(a)Accounts Required. In every decedent's estate in which Letters Testamentary or Letters of Administration have been issued by the Register of Wills, the executor, administrator or other personal representative shall file an account with the Clerk of the Orphans' Court. Each such account shall conform to the requirements of Pa.O.C. 6.1, and shall include either a Statement of Proposed Distribution or a request that distribution be determined by the Court or an auditor. (b)Time for Filing. Every account required to be filed by this rule shall be filed not later than eighteen (18) months following the date of issuance of Letters Testamentary or Letters of Administration unless the Court, upon petition and for good cause shown, shall have extended the time for filing same. (c)Family Settlement Agreement. As an alternative to formal submission and confirmation of an account, a personal representative may file with the Clerk of Orphans' Court a Family Settlement Agreement. Each Family Settlement Agreement shall have attached thereto a first and final account of the executor, administrator or other personal representative indicating all transactions during the administration of the estate, which account shall be substantially in the form prescribed by Carbon Co. O.C.R. No. 6.1.2. Each Family Settlement Agreement shall also have attached thereto a Statement of Proposed or Actual Distribution, and a release signed by each and every heir, beneficiary or other party in interest approving the account, waiving the requirement that the account be audited and confirmed by the Court and discharging the executor, administrator or other personal representative.