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§ 3531. Estates not exceeding $50, 000

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and FiduciariesEffective: September 3, 2013

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 20 Pa.C.S.A. Decedents, Estates and Fiduciaries (Refs & Annos)
Chapter 35. Accounts and Distribution
Subchapter D. Distribution (Refs & Annos)
Effective: September 3, 2013
20 Pa.C.S.A. § 3531
§ 3531. Estates not exceeding $50,000
When the gross real and personal estate of a decedent does not exceed the value of $50,000, the personal representative, after the expiration of one year from the date of the first complete advertisement of the grant of letters, may present his petition to the court with an annexed account showing the administration of the estate, the distribution theretofore made and suggesting the proper distribution of the estate not theretofore distributed. Thereupon, the court, upon satisfactory proof of notice to all known parties in interest, may approve the distribution theretofore made and order distribution of the assets not theretofore distributed and discharge the personal representative and his sureties from future liability without the expense of proceedings as in a formal account. The court may discharge only the surety from future liability, and may allow the personal representative to continue without surety upon condition that no further assets shall come into the possession of the personal representative until he files another bond, with sufficient surety, as required by the register.

Credits

1972, June 30, 508, No. 164, § 2, effective July 1, 1972. Amended 1974, Dec. 10, P.L. 867, No. 293, § 7, imd. effective; 1994, Dec. 1, P.L. 655, No. 102, § 3, effective in 60 days; 2013, July 2, P.L. 199, No. 35, § 1, effective in 60 days [Sept. 3, 2013].
20 Pa.C.S.A. § 3531, PA ST 20 Pa.C.S.A. § 3531
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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