Estate accounts template

When to use it

  • You have collected in the assets and paid the debts and are ready to distribute.
  • A beneficiary is asking where the money went and you need a formal answer.
  • You want beneficiaries to approve the accounts before you pay out, protecting yourself as executor.

How to use it

  1. Start from the valuation figures, then record every movement of money after the date of death.
  2. Send the finished accounts to the residuary beneficiaries and ask for written approval before distributing.
  3. Keep the supporting statements and receipts with the accounts — they answer almost every later question.

Opening position

  • Assets as valued at death — description — value
  • Debts as at date of death — creditor — amount

Movements since death

  • Money received — date — source — amount (including interest and any assets sold for more or less than the valuation)
  • Money paid out — date — recipient — reason — amount

Distribution

  • Specific gifts and legacies paid — beneficiary — item or amount
  • Residue available for distribution — £
  • Share of residue — beneficiary — amount — receipt received
  • Executor declaration: the accounts are complete and accurate to the best of my knowledge — signed and dated

Last reviewed 2026-09-05. Apply For Probate Online is an independent self-help service and is not part of HM Courts & Tribunals Service or GOV.UK.

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