Rule 1534*. Accounts of Fiduciaries - Notice (a) At least three weeks before the presentation of the account of any trustee, committee, guardian, assignee for the benefit of creditors, receiver or other fiduciary, notice of the filing thereof and of the petition for distribution shall be served upon all parties interested (including creditors and shareholders) whose whereabouts are known and except in the case of triennial accounts of trustees, committees and guardians, shall also be published in the Montgomery County Law Reporter and a newspaper of general circulation once a week for three successive weeks, unless publication is waived by the Court. (b) Said notice shall set forth that the account and petition for distribution have been filed in the Office of Prothonotary, and will be presented to the Court at a certain time for such action as the Court may deem expedient, and that the account may then be confirmed and distribution made of the fund, unless exceptions thereto be previously filed or cause shown to the contrary. (c) Proof of service of said notices and of said publication shall be submitted at the audit. (d) If no exceptions have been filed, the account may be confirmed absolutely upon such proof of service. (e) Similar notice must be given of petitions for the reconveyance of assigned estates. (f) The accountant shall file with the account a petition for distribution of the fund in form similar to that of petitions for distribution required by the Orphans’ Court to be presented at the audit of accounts in that Court. (g) The petition for distribution shall contain also (1) a list of the names of creditors or claimants against the fund for distribution whose claims are believed by the accountant to be just; (2) a list of claims that are to be contested; (3) a list of claims that appear to the accountant to be justly entitled to a preference or lien upon the fund; (4) a list of claims for preference or lien that are disputed. In all cases, the amount of the claim shall be stated. (h) Schedule of Distribution. A proposed schedule of distribution may be attached to or filed with the account and after final confirmation, the Court may, on motion, decree distribution in conformance therewith. If no proposed schedule of distribution has been submitted with the account, or if a material change therein is proposed, no decree of distribution will be made by the Court until such notice has been given to the parties interested as the Court may order. (i) Exceptions to Accounts of Schedule of Distribution. Exceptions to an account or schedule of distribution shall be placed on the argument list.
Rule 1534*. Accounts of Fiduciaries - Notice
(a) At least three weeks before the presentation of the account of any
trustee, committee, guardian, assignee for the benefit of creditors,
receiver or other fiduciary, notice of the filing thereof and of the petition
for distribution shall be served upon all parties interested (including
creditors and shareholders) whose whereabouts are known and
except in the case of triennial accounts of trustees, committees and
guardians, shall also be published in the Montgomery County Law
Reporter and a newspaper of general circulation once a week for
three successive weeks, unless publication is waived by the Court.
(b) Said notice shall set forth that the account and petition for
distribution have been filed in the Office of Prothonotary, and will be
presented to the Court at a certain time for such action as the Court
may deem expedient, and that the account may then be confirmed
and distribution made of the fund, unless exceptions thereto be
previously filed or cause shown to the contrary.
(c) Proof of service of said notices and of said publication shall be
submitted at the audit.
(d) If no exceptions have been filed, the account may be confirmed
absolutely upon such proof of service.
(e) Similar notice must be given of petitions for the reconveyance of
assigned estates.
(f) The accountant shall file with the account a petition for distribution
of the fund in form similar to that of petitions for distribution required
by the Orphans’ Court to be presented at the audit of accounts in that
Court.
(g) The petition for distribution shall contain also (1) a list of the
names of creditors or claimants against the fund for distribution whose
claims are believed by the accountant to be just; (2) a list of claims
that are to be contested; (3) a list of claims that appear to the
accountant to be justly entitled to a preference or lien upon the fund;
(4) a list of claims for preference or lien that are disputed. In all
cases, the amount of the claim shall be stated.
(h) Schedule of Distribution. A proposed schedule of distribution may
be attached to or filed with the account and after final confirmation,
the Court may, on motion, decree distribution in conformance therewith.
If no proposed schedule of distribution has been submitted with the
account, or if a material change therein is proposed, no decree of
distribution will be made by the Court until such notice has been given
to the parties interested as the Court may order.
(i) Exceptions to Accounts of Schedule of Distribution. Exceptions to
an account or schedule of distribution shall be placed on the argument
list.
