If someone is served with papers in trust matters to produce accounting how long do they have to produce

Asked over 1 year ago - Irvine, CA

what the courts have ordered?and how long is an appraisal on a house good for before it has to be appraised again?

Attorney answers (3)

  1. Michael Robert Weinstein

    Pro

    Contributor Level 14

    3

    Lawyers agree

    Answered . The person requesting the accounting should have given you notice that there would be a hearing on the request. If the court finds that an accounting is required and issues an order it will contain a date by which the accounting must be filed with the court and served on the parties/interested persons. The court may set an date for an Order to Show Cause why you should not be held in contempt of court if you do not produce the accounting by the required date. If you are the person ordered to produce an accounting, you should have been served with the order. There is no guideline other than "reasonableness" for how long an appraisal is good. I would suggest that if you do not have an appraisal newer than 90 days,you will want to have the property reappraised. Also, if you are the trustee, you will have a beginning appraisal for when you became trustee or at a later accounting.

    Nothing contained in the information on this web site is to be considered as the rendering of legal advice for... more
  2. Michael Raymond Daymude

    Pro

    Contributor Level 20

    2

    Lawyers agree

    Answered . Typically, when the probate court orders an accounting it will set an OSC. That is the date the accounting is due. How long is an appraisal good? It depends on the purpose for which it was obtained and any reasons for a reappraisal.

    I am licensed in California only and my answers on Avvo assume California law. Answers provided by me are for... more
  3. Daniel Mcgraw Little

    Contributor Level 11

    2

    Lawyers agree

    Answered . I concur with the other two answers.

    No legal representation exists by virtue of this answer. It is recommended that you contact an attorney directly... more

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