An objecting beneficiary challenged the passing of accounts in an estate administration, alleging improper transactions, mismanagement, and improper interest charges relating to loans advanced to beneficiaries during the deceased’s lifetime.
The court reviewed the estate accounts, supporting affidavits, and submissions and found the objections unsupported by reliable evidence.
The evidence established that the loans to beneficiaries were properly documented and accounted for, and that joint accounts held with one beneficiary were included in the estate in accordance with the deceased’s wishes.
The court concluded that the estate trustees properly managed the estate and that their accounting was sufficient.
The estate trustee’s compensation was approved as fair and reasonable.
