Q: Is a lawyer allowed to give money out of the estate before the case is closed?
A: The distribution of assets from an estate typically occurs after all debts, taxes, and expenses have been paid, and any necessary court approvals have been obtained. This ensures that the estate's obligations are properly settled and that the beneficiaries receive their rightful share according to the final determination of the estate's assets.
A: Distribution of assets before an estate is closed is not prohibited, but the executor must ensure sufficient funds are remaining to pay all allowed claims, taxes, etc. Any distributions are noted on the accounting filed with the court.
Nicholas P. Weiss agrees with this answer
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