Oklahoma Sample Letter for Closing of Estate with Breakdown of Assets and Expenses

• Category: Letters - Legal - Estates
• State: Multi-State
• Control #: US-0685LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Executor/Personal Representative's Name] [Executor/Personal Representative's Address] [City, State, ZIP] Subject: [Estate Name] — Intent to Close the Estate and Provide a Final Account of Assets and Expenses Dear [Executor/Personal Representative's Name], I hope this letter finds you in good health. I am writing in my capacity as the attorney for the Estate of [Deceased's Full Name]. It is with great pleasure and satisfaction that I inform you that we are prepared to close the estate, as all necessary tasks and obligations have been duly fulfilled. In accordance with the laws and regulations governing estate administration in Oklahoma, I hereby present a comprehensive breakdown of the estate's assets and expenses. 1. Estate Information: a) Estate Name: [Estate Name] b) Date of Death: [Date of Death] c) County of Probate: [County of Probate] d) Case Number: [Case Number] 2. Assets: The following is a comprehensive list of the assets included in the estate: — Real Property— - [Property Description 1] — [Property Description 2— - [Property Description 3] ... — Personal Property— - [Asset Description 1] — [Asset Description 2— - [Asset Description 3] ... — Financial Accounts— - Bank Accounts: - [Bank Name 1], Account Number: [Account Number] — [Bank Name 2], Account Number: [Account Number] ... — Investment Accounts— - [Investment Account Description 1], Account Number: [Account Number] — [Investment Account Description 2], Account Number: [Account Number] ... — Retirement Accounts— - [Retirement Account Description 1], Account Number: [Account Number] — [Retirement Account Description 2], Account Number: [Account Number] ... — Miscellaneous Assets— - [Asset Description 1] — [Asset Description 2— - [Asset Description 3] ... 3. Debts and Liabilities: The estate had the following debts and liabilities: — Mortgage on [Property Description]: $[Amount] — Outstanding Credit Card Debt: $[Amount] — Medical Expenses: $[Amount] ... 4. Expenses: The estate incurred the following expenses during the administration period: — Probate Fees: $[Amount— - Attorney Fees: $[Amount] — Accounting Fees: $[Amount— - Funeral Expenses: $[Amount] ... 5. Distribution of Assets: After the payment of all valid claims, debts, expenses, and taxes related to the estate, the remaining assets will be distributed as follows: — [Beneficiary 1's Name]: [Specify the assets they will receive] — [Beneficiary 2's Name]: [Specify the assets they will receive] ... Please review the provided breakdown of assets and expenses, and if there are any discrepancies or concerns, do not hesitate to contact me within the next [number of days] for further discussion and resolution. If no objections are received within this time frame, it will be assumed that the final account of assets and expenses is accurate and satisfactory. Upon your approval, I will proceed with the necessary filings and paperwork to officially close the estate and distribute the remaining assets to the beneficiaries accordingly. Thank you for your cooperation and prompt attention to this matter. Should you require any further clarification or assistance, please feel free to reach out to me at your convenience. Yours sincerely, [Your Name] [Your Law Firm's Name] [Attorney ID] [Email Address] [Phone Number]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Executor/Personal Representative's Name] [Executor/Personal Representative's Address] [City, State, ZIP] Subject: [Estate Name] — Intent to Close the Estate and Provide a Final Account of Assets and Expenses Dear [Executor/Personal Representative's Name], I hope this letter finds you in good health. I am writing in my capacity as the attorney for the Estate of [Deceased's Full Name]. It is with great pleasure and satisfaction that I inform you that we are prepared to close the estate, as all necessary tasks and obligations have been duly fulfilled. In accordance with the laws and regulations governing estate administration in Oklahoma, I hereby present a comprehensive breakdown of the estate's assets and expenses. 1. Estate Information: a) Estate Name: [Estate Name] b) Date of Death: [Date of Death] c) County of Probate: [County of Probate] d) Case Number: [Case Number] 2. Assets: The following is a comprehensive list of the assets included in the estate: — Real Property— - [Property Description 1] — [Property Description 2— - [Property Description 3] ... — Personal Property— - [Asset Description 1] — [Asset Description 2— - [Asset Description 3] ... — Financial Accounts— - Bank Accounts: - [Bank Name 1], Account Number: [Account Number] — [Bank Name 2], Account Number: [Account Number] ... — Investment Accounts— - [Investment Account Description 1], Account Number: [Account Number] — [Investment Account Description 2], Account Number: [Account Number] ... — Retirement Accounts— - [Retirement Account Description 1], Account Number: [Account Number] — [Retirement Account Description 2], Account Number: [Account Number] ... — Miscellaneous Assets— - [Asset Description 1] — [Asset Description 2— - [Asset Description 3] ... 3. Debts and Liabilities: The estate had the following debts and liabilities: — Mortgage on [Property Description]: $[Amount] — Outstanding Credit Card Debt: $[Amount] — Medical Expenses: $[Amount] ... 4. Expenses: The estate incurred the following expenses during the administration period: — Probate Fees: $[Amount— - Attorney Fees: $[Amount] — Accounting Fees: $[Amount— - Funeral Expenses: $[Amount] ... 5. Distribution of Assets: After the payment of all valid claims, debts, expenses, and taxes related to the estate, the remaining assets will be distributed as follows: — [Beneficiary 1's Name]: [Specify the assets they will receive] — [Beneficiary 2's Name]: [Specify the assets they will receive] ... Please review the provided breakdown of assets and expenses, and if there are any discrepancies or concerns, do not hesitate to contact me within the next [number of days] for further discussion and resolution. If no objections are received within this time frame, it will be assumed that the final account of assets and expenses is accurate and satisfactory. Upon your approval, I will proceed with the necessary filings and paperwork to officially close the estate and distribute the remaining assets to the beneficiaries accordingly. Thank you for your cooperation and prompt attention to this matter. Should you require any further clarification or assistance, please feel free to reach out to me at your convenience. Yours sincerely, [Your Name] [Your Law Firm's Name] [Attorney ID] [Email Address] [Phone Number]