Alabama § 43-2-311 Testator May Exempt Executor from Filing Inventory or Making Report or Final Settlement

Alabama Statutes

§ 43-2-311 — Testator May Exempt Executor from Filing Inventory or Making Report or Final Settlement

Alabama·Title 43 Wills and Decedents’ Estates·Ch. 2 Administration of Estates·Art. 13 Collection, Inventory, and Appraisement of Personal Property

Any testator may, by express provision in his or her will to that effect, exempt an executor from filing an inventory or making any report or final settlement, and when such provision is made, such inventory, report or final settlement shall not be required except in the following cases:

(1)When any executor, heir, legatee, or other person interested in the estate makes affidavit showing his or her interest, and alleging that such interest is or will be endangered for want of security.

(2)When, in the opinion of the judge of the court having jurisdiction of the estate, the estate is likely to be wasted, to the prejudice of any person interested therein.

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Any testator may, by express provision in his or her will to that effect, exempt an executor from filing an inventory or making any report or final settlement, and when such provision is made, such inventory, report or final settlement shall not be required except in the following cases:
(1) When any executor, heir, legatee, or other person interested in the estate makes affidavit showing his or her interest, and alleging that such interest is or will be endangered for want of security.
(2) When, in the opinion of the judge of the court having jurisdiction of the estate, the estate is likely to be wasted, to the prejudice of any person interested therein.

Alabama § 43-2-311 (Testator May Exempt Executor from Filing Inventory or Making Report or Final Settlement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.