Rule 201. Adjudication and distribution
(a) Not more than five days after the date of final hearing, if there
shall have been no objection to the final account, or within five days after
decision upon, or settlement of all objections to the said account, the
executor or administrator shall file a petition for distribution. At the same
time, cash or a check payable to the Government of the Virgin Islands in the
amount of the inheritance tax payable upon the estate shall be deposited with
the clerk of the court. At the same time, all unpaid costs, including the fee
for filing a final adjudication, shall be paid to the clerk. There shall also
be presented with the petition for distribution for the signature of the judge
a final adjudication in duplicate.
(b) Distribution shall be made immediately after the entry of the final
adjudication. Within five days after the entry of the adjudication, the
executor or administrator shall file signed receipts for the distribution of
the entire estate. Receipts shall be filed for all property, whether cash,
other personal property, or real property. Receipts shall be in form
substantially as follows:
, the undersigned, hereby acknowledge to have received from , , of the
estate of , deceased, the portion of the estate due , consisting of
as shown by the final account filed by the said on , 19 , and the final
adjudication thereof by the Territorial Court, and do hereby relieve,
exonerate, and discharge the said , from every action, claim or demand which
might or could be prosecuted against for or on account thereof. likewise
release the surety or sureties on the bond filed in said estate from all
liability in connection therewith.
In testimony whereof have hereunto subscribed name and affixed Seal
this day of , 19 .
If any person entitled to distribution is outside the jurisdiction, any
money to which he is entitled shall be transmitted by post office money order
and money order receipt issued by the post office, together with the executor's
or administrator's affidavit that he has mailed the same to the distributee,
shall be acceptable as a receipt for distribution. If the distributee, outside
the jurisdiction, is entitled to property other than money, the administrator
shall, during the course of administration, and before final adjudication,
obtain from the distributee a designation of a local agent to receive such
property on his or her behalf. Such a designation, together with the agent's
receipt, shall be acceptable as a receipt for distribution.
(c) Wherever the assets in an adjudication include real property, it
shall be the duty of the administrator or executor to record the same
forthwith, and proof thereof shall be filed with the clerk of the court.--Added
Dec. 17, 1976.
Allowance or disallowance of final account of executor or administrator,
see 15 V.I.C. ' 566.
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