What must a personal representative provide in the application to pass accounts?

Prepare for the New Brunswick Bar Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

In the application to pass accounts, it is essential for a personal representative to present a detailed account of estate disbursements. This accounting is crucial as it allows the court and interested parties, such as beneficiaries, to see how the estate's assets have been managed, what expenses have been incurred, and how funds have been distributed. The objective is to ensure transparency and accountability, providing a comprehensive overview of the financial transactions related to the estate.

By detailing the disbursements, the personal representative demonstrates adherence to their fiduciary duty, ensuring that all beneficiaries are informed of the estate's financial activities. This clarity helps to avoid disputes among beneficiaries and reassures them regarding the proper handling of the estate's affairs.

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