Interim Orders and Partial Distributions
Supervised administration does not mean everything waits until the very end. The court can issue orders throughout the process. If the personal representative or any interested person requests it, the court may authorize partial distributions.
The court may also approve specific transactions or grant other relief while the estate stays open.
Interim orders approving or directing partial distributions or granting other relief may be issued by the court at any time during the pendency of a supervised administration on the application of the personal representative or any interested person.
A.R.S. § 14-3505(A)The estate closes through the same process used for other estates under A.R.S. 14-3931. The same notice rules and time limits apply. The court does not keep the estate open without reason.
Annual Accounting Is Required
Supervised administration requires regular reporting to the court. The personal representative must file an account at least once per year.
A supervised personal representative shall file an account with the court not less than annually during his administration, and on closing shall file a final account to be approved under section 14-3931.
A.R.S. § 14-3505(B)The personal representative must send a copy of each intermediate account to all interested parties. They must also include notice of the hearing.
The court can require a physical check of estate assets. After notice and hearing, the court may approve an intermediate account. That order settles the representative's liabilities for the matters it covers.
On closing, the personal representative files a final account for court approval. If the personal representative resigns or is removed, they must also file an accounting at that point.