(755 ILCS 5/24-11) (from Ch. 110 1/2, par. 24-11)
Sec. 24-11.
Duty to account - ward's estate.) (a) The representative
of a ward's estate shall present a verified account of his administration
to the court which issued his letters within 30 days
after the expiration of one year after the issuance of letters or within
such further time as the court allows; within 30 days after the
termination of his office or within such further time as the court
allows, and whenever required by the court until the office is
terminated; provided however, if no time is set by the court, the
representative shall present a verified account within 30 days after the
expiration of 3 years from the date of the preceding account or within such
further time as the court allows. The account shall state the receipts
and disbursements of the
representative since his last accounting and all personal estate which
is on hand, and shall be accompanied by such evidence of the
disbursements as the court may require. On every accounting the court
may require the representative to produce satisfactory evidence that he
has in his possession or control the personal estate shown by the
account to be on hand.
(b) If the estate of a ward is derived in whole or in part from
payments of compensation, adjusted compensation, pension, insurance or
other similar benefits made directly to the estate by the Veterans
Administration, notice of the hearing on any account filed in the ward's
estate and a copy of the account must be given to the Veterans'
Administration Regional Office at least 10 days before the hearing. If
notice of the hearing on any
account except the final account of a representative is served at least
10 days before the hearing on the account and the court appoints a
guardian ad litem to represent the ward at the hearing, in the absence
of fraud, accident or mistake the account as approved is binding upon
the ward. Notice of the hearing on any final account of a
representative must be given to the ward if he is living and to such
other persons and in such manner as the court directs.
(c) On final settlement of the estate of a ward or sooner if the
court directs, the representative shall pay and deliver the estate and
title papers of the ward in the hands of the representative or with
which he is chargeable to the person entitled thereto.
(Source: P.A. 84-494.)
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