---
title: O.C.G.A. § 53-7-69.1. Annual statement of receipts and disbursements.
collection: code
id: 53-7-69.1
cite_as: O.C.G.A. § 53-7-69.1 (2025)
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date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
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current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES / ADMINISTRATION OF ESTATES GENERALLY / SETTLEMENT OF ACCOUNTS / ANNUAL RETURNS AND INTERMEDIATE REPORTS
---

# O.C.G.A. § 53-7-69.1. Annual statement of receipts and disbursements.

(a) A personal representative shall send, at least annually:

(1) To each heir of an intestate estate or each beneficiary of the residue of a testate estate, a statement of receipts and disbursements; and

(2) To each beneficiary of a specific, demonstrative, or general testamentary gift of the testate estate, a statement of any receipts and disbursements relevant to the beneficiary’s interest in the estate.

(b) Any heir or beneficiary may waive individually the right to receive a statement of receipts and disbursements by a written statement that is delivered to the personal representative. Such waiver may be revoked in writing at any time.

(c) The heirs or beneficiaries may authorize the probate court to relieve the personal representative from furnishing statements of receipts and disbursements in the same manner as provided in Code Section 53-7-68 for relieving the personal representative from filing annual returns. A testator may, by will, dispense with the necessity of the personal representative’s furnishing a statement of receipts and disbursements in the same manner as provided in Code Section 53-7-69 for dispensing with the necessity of the personal representative’s filing an annual return; provided, however, that such dispensation does not work any injury to creditors or persons other than beneficiaries under the will. It shall not be necessary to furnish a statement of receipts and disbursements to any heir or beneficiary who is not sui juris or for the probate court to appoint a guardian for such person.

(d) When a personal representative has been relieved from furnishing statements of receipts and disbursements, the probate court, on its own motion or on the representation of any party in interest that the personal representative is mismanaging the estate, shall order the personal representative to appear and show cause as to why statements of receipts and disbursements should not be furnished or the personal representative’s letters revoked. Such order shall be served in person on the personal representative at least ten days prior to the hearing. Failure to show cause shall authorize the court to require statements of receipts and disbursements to be furnished or to revoke the letters or to take any other action as may be necessary under the circumstances.

(e) For purposes of this Code section:

(1) The statement provided under subsection (a) of this Code section shall contain the receipts and disbursements of principal and income that have occurred during the last complete fiscal year of the estate or since the last accounting to that heir or beneficiary and a statement of the assets and liabilities of the estate as of the end of the accounting period, provided that the information in any statement required under paragraph (2) of subsection (a) of this Code section shall be limited as provided in that paragraph;

(2) The terms “heir” and “beneficiary” shall apply as provided in Code Section 53-7-68;

(3) The determination of the persons entitled to receive statements under subsection (a) of this Code section and the application of this subsection shall be made as of the final day of the period covered by the statement;

(4) The determination of the persons who may authorize the probate court under subsection (c) of this Code section and the application of this subsection shall be made as of the date of the authorization; and

(5) If an heir or beneficiary is not sui juris, such heir’s or beneficiary’s duly acting conservator or guardian shall:

(A) After a written request delivered to the personal representative, be entitled to receive any statement of receipts and disbursements that would be required to be sent to such heir or beneficiary under subsection (a) of this Code section if such heir or beneficiary were sui juris; and

(B) Be authorized to give the consent required under subsection (b) of this Code section.

(f) Nothing in this Code section shall affect the power of the probate court to require or excuse an accounting under this part, Part 1 of this article, or other applicable law.

## History

Code 1981, § 53-7-69.1, enacted by Ga. L. 2020, p. 377, § 1-51/HB 865; Ga. L. 2025, p. 806, § 62/HB 327, effective July 1, 2025.

## Amendments

The 2025 amendment, effective July 1, 2025, rewrote subsection (a); substituted “by a written statement that is delivered to the personal representative. Such waiver may be revoked in writing at any time” for “in the same manner as provided in subsection (b) of Code Section 53-7-68 for waiving the right to receive a copy of an annual return” in subsection (b); added the subsection (c) designation; in subsection (c), deleted “subsection (c) of” preceding “Code Section 53-7-68” and added “; provided, however, that such dispensation does not work any injury to creditors or persons other than beneficiaries under the will. It shall not be necessary to furnish a statement of receipts and disbursements to any heir or beneficiary who is not sui juris or for the probate court to appoint a guardian for such person”; and added subsections (d), (e), and (f).