When a court approves a final settlement for someone who managed a deceased person's estate, that manager and their financial backers are no longer legally responsible for how the estate was handled before that point. However, the court can still reject the settlement and hold the estate manager responsible for any losses caused by wrongdoing.
473.597. Conclusiveness of approving . — Upon the approval of the final settlement of an or , the executor or administrator and his , subject to the right of and to the power of the court to its orders, shall be relieved from for the prior to his final settlement, including liability with respect to the investment of the of the . The court may disapprove the final settlement in whole or in part and the executor or administrator for any loss caused by any .
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Source & history notes
(L. 1955 p. 385 § 210)
Related Missouri laws
Accounting for assets received and disbursed after final settlement
RSMo 473.600
Credit for uncollectible debts shown in inventory
RSMo 473.593
Settlement on death, resignation, or removal of personal representative
RSMo 473.603
Objections to settlement, when filed
RSMo 473.590
Notice of final settlement
RSMo 473.587
Proceedings to compel settlement
RSMo 473.607
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.