When Accounting to be Presented to Court

for Approval (a) No accounting shall be presented to the Court for approval until after the expiration of 3 months from the date of the mailing of the notice contemplated by Rule 194(a), unless all of the beneficiaries, guardians, trustees or parents of legally incapacitated beneficiaries interested in the accounting have executed waivers and consents as contemplated in Rule 194(b). (b) No final accounting shall be presented to the Court for approval until a tax clearance form has been filed with the Register of Wills by the Division of Revenue. See 12 Del. C. § 2304. (c) For purposes of this Rule, an accounting is presented to the Court when presented to the Chancellor, a Vice Chancellor, a Magistrate in Chancery, or a Chief Deputy Register of Wills appointed in accordance with 12 Del. C. § 2507. History. Added, effective Dec. 25, 1974; amended, effective Nov. 1, 1975; Dec. 15, 2014, effective Jan. 1, 2015; effective July 18, 2023. Rule 196. Effect of Court Approval of Account The approval by the Court of an account shall not operate to relieve the personal representative from any liability for any loss of, or injury to, the probate estate which shall occur through the act, neglect or default of such personal representative, or which shall have resulted from any the personal fraud, deception or concealment by representative. History. Added, effective Dec. 25, 1974.