Build the estate administration ledger: creditors, assets and distributions
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- From bank statements, titles and bills, draft a working ledger of assets, liabilities, creditor notices and proposed distributions, with gaps flagged.
- What the lawyer must review
- Keep the executor's accounts with the lawyer or the executor
- Do not distribute from a generated ledger
- Written for / version
- US
Open a jurisdiction version of this task to see which instruments apply: US
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes preparing preliminary structure or wording and identifying points for review. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.
Forms and precedents for this task
| Form or precedent | Kind | AI use | Summary |
|---|---|---|---|
| Estate ledger and proposed distribution statement (NSW) | Checklist | AI use Yellow | A ledger of estate receipts, expenses and proposed distributions, with the NSW timing for creditors and for paying a legacy, before anything is paid to a beneficiary. |
| Administration account (Supreme Court of Victoria, Probate Office) | Form | AI use Yellow | Link to the Probate Office administration account. |
| Request for an administration account (Supreme Court of Victoria, Probate Office) | Form | AI use Yellow | Link to the Probate Office request used by an interested party to ask the Registrar of Probates to request an executor or administrator to file an administration account. |
Signed-in accounts can read the full text of each one. All precedents.