THE THIRD SCHEDULE Referred to, being an account of the payments made Debts on simple Contract, Rent, Wages, and other accounts due at the Testator's death. Feb. 1. By Ground-rent for the house Feb. 8. By Duty paid on the above Legacies, all at 101. per cent Feb. 20. By invested in the purchase of 10,000%. 31. per cent. consols, and transferred to X. Y., the sole surviving trustee of the settlement of Sarah, the wife of the said Testator 9200 0 0 350 0 0 15863 15 9 THE FOURTH SCHEDULE, &c. Being an account of the income and profits of the Testator's estate, accrued since his death, and the sums received and paid by this Defendant in respect thereof. By paid A. X. half-year's interest due at Christmas last, on his bond of 10001. Balance in hand in respect of the income 50 0 0 130 19 6 This Fourth Schedule is commonly divided into three, the first for the sums accrued, the second for the receipts, and the third for the payments. But it would be more judicious to subjoin the sums accrued as a third part to the First Schedule, the receipts as a third part to the Second Schedule, and the payments as a third part to the Third Schedule, whereby the total cashbalance would appear in one sum. But this not being in exact conformity with the residuary account issued by the Stamp-office, is not so convenient to an executor as an additional schedule. The following form may be adopted so as to comprise in a single schedule every thing required, and it obviates much confusion. A single schedule for personal estate may be divided into the following parts: Part 1. Personal estate of the Testator realised by the Defendant. 2. Personal estate in specie in the hands of the Defendant. 3. Personal estate outstanding. 4. Income and profits of the personal estate from the death of the testator, and the receipts in respect thereof. 5. Payments and investments in respect of the personal estate. 6. Payments in respect of the income and profits. 7. Cash balances. Several other schedules or parts may be called for. Among the most common is a schedule of the debts and legacies left by the testator, and of the debts and legacies still outstanding. Another very important schedule is an account, to the defendant's belief, of all the personal estate of the testator received by a co-executor, and for which the defendant usually submits that he is not answerable. THE END. WHITING, BEAUFORT HOUSE, STRAND. |