In appropriate circumstances, a Fiduciary may sell probate properties, such as to make needed cash available to pay debts and the costs of administration. If the estate is solvent, the estate will fully pay the debts and costs of administration and then distribute the remainder of the assets to the estate beneficiaries. Some people only own non-probate property at death, in which case no court-based probate process is needed. 0000000596 00000 n EMC In summary, however, the probate process often involves: Forms, Small in Accounting, 1983 0000068248 00000 n Amendments, Corporate As discussed above, the Fiduciary is responsible for paying funeral and burial costs, estate administration costs, and debts of the decedent as part of the Kentucky probate process before making distributions to the estate beneficiaries. EMC .640 Sureties of fiduciaries, inquiry into solvency of additional surety. Based on the filing of these documents, the probate judge will usually issue an Order closing the estate and discharging the Fiduciary. Kentucky Affidavit Of Waiver Of Formal Settlement AOC-851 Step 2: On the second blank line, indicate whether the case is being heard in district court or probate court by circling the applicable word. The responsibility of the Executor or Administrator (often referred to as Fiduciary going forward in this discussion) is to administer the probate estate in accordance with law. ZCr;QS-q Lexington, KY 40515 Divorce, Separation 0000048712 00000 n of Directors, Bylaws Ih8IeK=?I(fHX*SUs("2S[ ,?6Tv(% C5!cvun2kWB47 Directive, Power Indiana Petition for Waiver of Reinstatement Fee. The amount and type of decedents property, including the form of ownership, The amount and type of decedents debt, including whether the total debt exceeds the ability of the estate to fully pay it, and. When a settlement is effected in the informal manner, no notice to any person . Parties with an interest in the estate then have an opportunity to present any objections they may have to the final settlement presented by the Fiduciary. Affidavit For Probate Fee Exemption And Order. Exceptions include the receipt of retirement assets that were not previously subject to income tax. Estate, Last KRS 395.190. Of particular importance is whether the estate includes any probate property or if all of the property is non-probate property. If the estate includes no probate property, a formal probate process likely will not be needed. Properties that have been transferred to the name of a trust prior to the decedents death. An estate cannot be closed unless the probate court has first been presented with evidence that the KY inheritance obligation has been satisfied by the estate. The Kentucky probate process, also called estate administration, is the process of settling a persons legal and property affairs after death. startxref If the estate has an inheritance tax obligation, the appropriate evidence for the court is a notice letter from the KY Department of Revenue that the estates tax liability has been fully paid. Check out our detailed instructions concerning how to get the Kentucky Informal Final Settlement Affidavit Motion and Order sample in a couple of minutes: You can print the Kentucky Informal Final Settlement Affidavit Motion and Order form or fill it out utilizing any web-based editor. .012 Right to file demand for notice of action regarding estate. $T="Sm$1B7EZ$t"xV!~X|Wb$^LbdbH4mJ^dV*YY$w_=*Xom+Q~. Testator. Our attorneys draw up every document, so you simply need to fill them out. We offer affordable fees and payment plans. [fAUa|2Td``kjN-fZji*qV ga%(0unAi LpB\g(WV Vp m^C3dl`6-fUgPX^ValNeYcxFI!60(2gYaiMefPs7nYSc]v.9[EZvC7M>\|8uxNn3~5 gKs3m6_"jld4g'wO>1PmW:KgrpJ37q4q6q6Hr~yx-T5Nz%bN?zlru'xxGIDQ 2 7.115 Td .010 Administration must be within ten years after death. Fiduciary can also refer to Trustees. Periodic And Or Final Settlement Download Free Print-Only PDF OR Purchase Interactive PDF Version of this Form Periodic Or Final Settlement Of Guardian Or Conservator For Minor Or Disabled Person Form. endstream endobj startxref Also, each estate presents its own unique set of issues and challenges. Liens, Real If there's a description, read through it to know the important points. John D. Meyers, Jr., PSC of Business, Corporate Income sources for the estate can include, but are not limited to, compensation received after death, investment income, or a taxable retirement account that is payable to the estate rather than to another designated beneficiary. IN RE: Estate of _____ Click here for more about Probate Lawyer services. The standard, court-based, probate process in Kentucky begins with the preparation of a Petition for Probate that is filed with the District Court of the county in which the decedent lived when he or she died. 0000000016 00000 n .530 Effect of creditor presenting claim. Theft, Personal Will, Advanced 0000048372 00000 n The commission is generally capped at 5% of the value of the personal property probate assets. Business Packages, Construction endstream endobj 129 0 obj <>/Subtype/Form/Type/XObject>>stream And additional decisions need to be made regarding the control and care of other property, such as furniture and furnishings, clothing, jewelry, etc. ( ) Tj And, as is explained above, probate property differs in important ways from non-probate property.. Charlotte, NC, 1993-1998 This is a Kentucky form and can be use in Probate Statewide. Universal Citation: KY Rev Stat 395.605 (2020) Download as PDF Submit a Final Accounting of the Estate's Affairs The court provides a form (AOC-850) for an informal final settlement and affidavit of waiver of formal settlement form (AOC-851). 0000020641 00000 n EMC Formalu Locations. Will, All Agreements, Bill of An attorney representing an Executor or Administrator serves that person in his or her fiduciary role and advises the Fiduciary regarding the performance of his or her legal responsibilities. 0000002073 00000 n Kentucky law provides for many different manners in which to avoid probate. Estate, Public .040 Administrator -- Persons entitled to be appointed -- Discovery of will. /Helv 10 Tf Informal settlements shall reflect all forms of compensation and commission received by any attorney or fiduciary, the total amount, and the basis of its determination. 0000017566 00000 n /}S%Xy'J"(,Eo%lllIV/CNs#s . In this case, each heir must sign a notarized waiver stating they received their respective portion of the estate and waives the requirements of a formal accounting and settlement. 0000068209 00000 n Minutes, Corporate h[[s8+}kNWfN[x2=$qMZrk .$q9D7@Msg>!1s}O| 9,c2!D `b>v"K01sI, @,=1 ;2d/8b~QaC4>KdAcW/1Pk"sh{EaT0)\`2DA?`R~$6 Z c! KFB # k Therefore, distributions to estate beneficiaries should not occur until after that six-month notice period has expired and the Fiduciary has confidently determined the net estate assets available for distribution to the beneficiaries. 80 0 obj <> endobj 2-17 Page 1 of 2 Commonwealth of Kentucky Court of Justice www.courts.ky.gov KRS 395.605 . endstream endobj 136 0 obj <>/Subtype/Form/Type/XObject>>stream & Estates, Corporate - startxref %PDF-1.6 % Incorporation services, Living 0000001242 00000 n The roles and obligations of Executors and Administrators, once appointed by the probate court, are essentially the same. The idea with this informal process is that, if all of the parties with an interest in the estate tell the court they are satisfied with the estate administration, the court is similarly satisfied and then requires no review of the estate details. LLC, Internet 2021 Kentucky Revised Statutes Chapter 395 - Personal representatives 395.605 When informal settlement may be accepted from fiduciary. ky. courts.gov. 0000002232 00000 n .250 Inventory -- When to be returned -- Copies are evidence. A: Dear Waiting: In most states, a will must be executed within three years of a person's death. However, the Fiduciary has legal authority to sell probate real estate only if (i) the Will provides that clear authority or (ii) the probate court grants that authority. Also, most payments received after death are probate assets, including compensation paid after death, refunds, and retirement plans and life insurance policies that are payable to the estate rather than to other designated beneficiaries. Agreements, Bill .535 Effect of creditor failing to present claim -- Liability of distributees. Sometimes probate is used more narrowly to refer to the task of submitting the Will to the court (to probate the Will). The formal settlement form (AOC-846) is also available from the court. .310 Interest charged representative on assets. Although this discussion is somewhat lengthy, it is not a complete review of the Kentucky probate process. Direct Submissions. I1 0000071671 00000 n 0000011668 00000 n %%EOF Any motion accompanied by an "Agreed Order", any motion for a default judgment, Informal Final Settlement, uncontested probate motion, uncontested name change, or any motion for a hardship drivers license or IIL/IID may be filed with the District Clerk and sent directly to the presiding Judge for review and submission. EMC This particularly includes individually owned items without beneficiary designations, such as individually owned bank accounts, investment accounts, vehicles, real estate, business interests, and many other types of assets. Real Estate, Last 175 58 Contractors, Confidentiality of Directors, Bylaws These forms are not a substitute for legal advice and if you have difficulty filling out these forms, then you may wish to consult with an attorney. EMC 6h PcP0@W42`` RDGGcJJJ` q8 @@bD The Formal Final Settlement is a more complicated process and involves providing the probate court and other parties having an interest in the estate complete information about the administration, including an accounting of the estates financial transactions. %%EOF Dont concern yourself with making typos because your sample may be utilized and sent away, and printed as often as you want. of Incorporation, Shareholders 0000005771 00000 n 0000010066 00000 n BT It is important to note that nobody has any legal authority to take action regarding the estate or the probate property until the court appoints an Executor or Administrator. Probate property is just about all property not described above as non-probate property. endstream endobj startxref an LLC, Incorporate When the Petition for Probate and some related documents are filed with the probate court clerk, a hearing is scheduled for a judge to review the Will for validity (if a Will exists) and consider the appointment of the proposed Executor or Administrator. Kentucky. 9I' N4P\%@E"B(R>"&)A"8 ABX=qsPB\: L@`@ic !CB(-AF,iDp.bV$1&>hODBECh^DC Legal Forms These forms are provided as a convenience to individuals to assist them in their official capacities or their pursuit of justice. An informal settlement may be filed at any time after expiration of six (6) months from the fiduciary's appointment. .625 Notice requirements for filing of settlement -- Exception. A similar Periodic Settlement is required to be filed by the Fiduciary on each anniversary thereafter that the estate is open. W 0000041346 00000 n These various parties sometimes have competing interests in, and claims to, the estate property, and the Fiduciary has to sort out these competing interests. .645 Clerk to record settlements and reports. 0000017953 00000 n of Attorney, Personal When a settlement is effected in the informal Browse By State Alabama AL Alaska AK Arizona AZ Arkansas AR California CA Colorado CO Connecticut CT Delaware DE Florida FL Georgia GA lR@8tC i V& !QAo,LL}/ic+CGBZA2F1:3|bJX520q3> 0 This can be a reason for a Fiduciary to decline a commission. Often this initial process of probating the Will and having the Fiduciary appointed is simple and uncontested. (2) Informal final settlements may be accepted from a fiduciary under the conditions of KRS 395.605. The Petition provides the court basic information about the estate, such as the decedents identity and date of death, whether a Will exists, the decedents next of kin, the proposed Executor or Administrator, and an estimate of the estate property and value. @D95Z=,*V7t[%d&G&%51*kw]oVd35]H5-4\ugZx+b@4 t14]#Y:O4kxU} T? EMC 0000011757 00000 n This is a Kentucky form and can be use in Guardian-Conservator Statewide. Affidavidt of Exemption - ***Reminder - Our office is prohibited from providing legal advice. (S or C-Corps), Articles N')].uJr .170 Nonresident representatives -- Bond -- Actions by. Change, Waiver L b\`a`=WA~{X'ZN%:A;@f:\ ILvYg#1c SgN 0000001485 00000 n Calendar, Standing ;$wd]a4&>Gl#q^aV>qD5c+&un`RT)Nl~"gF;uK-NR;FAtG-wT=&{94*dYwJ h,b0M>zFwdA~sc*3/$7YUN Ma~ad6f"5-'U5y14A*R4o&fuLQ:z>n*49. A filing fee also must be paid, which amount varies from county to county. View Form. endstream endobj 81 0 obj <>>> endobj 82 0 obj >/PageWidthList<0 396.0>>>>>>/Resources<>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageB]/Properties<>/XObject<>>>/Rotate 0/TrimBox[0.0 0.0 396.0 612.0]/Type/Page>> endobj 83 0 obj [/ICCBased 87 0 R] endobj 84 0 obj <> endobj 85 0 obj <>stream The Kentucky probate process, also called estate administration, is the process of settling a person's legal and property affairs after death. Handbook, DUI For example, probate is altogether unnecessary for small estates.In this way, the owner who dies first passes his or her interest in the property to the survivor, and the interest in property does not have to go through the probate process. .330 Acts prior to revocation of powers valid. endstream endobj 132 0 obj <>/Subtype/Form/Type/XObject>>stream .510 Persons who may bring actions for settlement of estates -- Parties. 0000017290 00000 n Code: AFF & SETI. Code: SET or Rev. Some of the factors that can affect the difficulty include: The specifics of the probate process differ from state to state, although the overall purpose and the relevant issues are generally the same. Trying to find Kentucky Informal Final Settlement Affidavit Motion and Order sample and filling out them might be a challenge. Many additional issues and sub-issues may be encountered in the probate process that are beyond the scope of this discussion. In Kentucky, an estate must remain open for at least six months to allow time for creditors to submit their bills to the estate. The first step in the probate process is to gather information regarding (i) the Will (if there is one), (ii) the known property, (iii) the known debts, (iv) the estate beneficiaries, and (v) other known issues that may affect the estate. The administration of an estate by the appointed Fiduciary often involves the following tasks and issues: Most estates need a bank account to which to deposit the estates cash assets, including transfers from the decedents lifetime bank accounts and other receipts of money during the estate administration. Sometimes assets are not fully discovered during this 60-day period and the Inventory is filed with the best available information. endstream endobj 124 0 obj <>/Subtype/Form/Type/XObject>>stream endstream endobj 128 0 obj <>/Subtype/Form/Type/XObject>>stream .470 Dispensing with administration by agreement. .550 Creditors actions may be enjoined while action for settlement pending. Mr. Meyers, a probate attorney in Lexington, KY, helps Executors and Administrators address the particular circumstances presented in each estate situation. Estates, Forms .657 Trial commissioner may make settlement. .630 Exceptions -- Confirmation -- Recording -- Effect as evidence. Distributing the remaining assets to the estate beneficiaries as directed by the decedents Will, or as directed by state law if there is no Will. In Kentucky, estates can be closed by either an Informal Final Settlement process or a Formal Final Settlement process. The decedents creditors have six months from the date of the Fiduciarys appointment to present their claims either to the court or to the Fiduciary (or the Fiduciarys lawyer). endstream endobj 146 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream 7pqz spu CF s`I%l.8wH;!v=O~&YI6-_]+:I_w*'zY>o:U1PE: J>Q^{?}f`9O YuT70t4X$B~$?Q|~OKM):df8Hl`LcK}a.> /n5SkU0;?,L1w*53z"RbHgU^IdPRNgaSm"Zt6Nit1DALK}s{X4. John Meyers is a Probate Lawyer in Lexington, KY. To discuss the probate process, John can be reached at 859-552-5151. Download Free Print-Only PDF OR Purchase Interactive PDF Version of this Form. {BHS+>\+FKl VDZ Commonwealth of Kentucky Court of Justice www.courts.ky.gov KRS 395.605(2) AFFIDAVIT OF WAIVER OF FORMAL SETTLEMENT lex et justitia C O M M O N Contact a Shelby County Probate & Estate Administration Attorney If you need assistance with probate in Kentucky, Berkley Oliver PLLC is here to help. EMC trailer & Resolutions, Corporate .400 Functions of public administrator and sheriff. .280 Successor of representative may be substituted in actions. endstream endobj 328 0 obj <>/Metadata 44 0 R/Pages 325 0 R/StructTreeRoot 97 0 R/Type/Catalog/ViewerPreferences<>>> endobj 329 0 obj <>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/StructParents 0/Tabs/W/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 330 0 obj <>/Subtype/Form/Type/XObject>>stream 0000009385 00000 n 2 1 116.8953 19.649 re 0000056784 00000 n However, secured debts, such as mortgage loans and secured car loans, to the extent of the pledged property, come before everything, including the funeral and burial costs and costs of administration. Thus, a simple estate can be settled in as short a time as six months. Kentucky Probate Informal Settlement. /Tx BMC AOC-850 Rev. As discussed above, cash in the decedents bank accounts is usually transferred to a new estate bank account controlled by the Fiduciary. Sales, Landlord AOC-846. 0000010814 00000 n Kentucky probate law allows some probate estates valued at no more than $15,000 (and sometimes a little more depending on the facts) and having no real estate to be administered through a simplified process called Dispense with Administration. xref If the estate beneficiary later sells the property for $225,000, the beneficiary must report a taxable gain on the sale of only $25,000, being the appreciation over the new tax basis of $200,000. www. .200 Sale of personal property by fiduciary. We use cookies to improve security, personalize the user experience, enhance our marketing activities . Enter your official contact and identification details. 0000012145 00000 n Because the estate creditors have six months to present their claims to the estate, the estates total debt obligation cannot be known with certainty until the six-month notice period has expired. hb``0e``^tc**`b)30$10dbDAFFFFkA9O-*a`gf`hOdz[7,n!#]020oXJ .o~kyf`kfc` * A-Z, Form /Tx BMC 0000053415 00000 n .410 Curator -- Grounds for appointment -- Bond. 0000009488 00000 n AOC-850 Informal Final Settlement: Affidavit, Motion, and Order Currentness Probate Form AOC-850, KY R PROB FORM AOC-850 Current with amendments received through September 1, 2022. Business Attorney & Estate Administration / Probate Attorney, 1987-1990, Essex, Richards, Morris & Jordan, P.A. 0000044382 00000 n A-Z, Form Call 502-694-5397 or send a message online to schedule a free initial consultation. .430 Application for curator for absent person -- Notice. Keep in mind that this is a simplistic example and other factors can also affect tax basis, gain or loss, and recognition of income. /Tx BMC trailer After all the administration tasks have been completed for an estate, the estate needs to be closed with the probate court, at which time the Fiduciary will be discharged and relieved from further responsibility in the estate matter. 0000018622 00000 n .270 When action against representative may be commenced. Voting, Board Forms, Independent endstream endobj 125 0 obj <>/Subtype/Form/Type/XObject>>stream of Sale, Contract endstream endobj 131 0 obj <>/Subtype/Form/Type/XObject>>stream .515 Contents of petition, adjudication of rights of interested persons -- Realty sold, when. Business Attorney & Estate Administration / Probate Attorney, 1990-1993, Self Employed, 1993-present, b[o%d&w%K10jj>@jE/%}4'}NkCV9v77LZB-~zsO*4q&@0c@UnAH&w)G~`pL\(n]e-= E 0000018503 00000 n 173 0 obj <>/Filter/FlateDecode/ID[<6556A86FEF11794284CD619A0044B1B8><122B7B086F80E24FB7358DD9F3A4CB28>]/Index[118 130]/Info 117 0 R/Length 159/Prev 194950/Root 119 0 R/Size 248/Type/XRef/W[1 3 1]>>stream hb```f``d`g`X B@1N:00,@eP]UYQ^VZR\TXYS[W+fOG@,, aEp:0CBF8t"t,Pc&1&fNOM.$p9 %+)H0$a*lft`fftcf@/ q.g^ucC]MFVN}mfzvn^~aiyeAQIYE4/?+;#3K5([[\lM Vj203-Y#` 0000019829 00000 n .220 Sale of land when authorized by will. EMC Notes, Premarital .105 Fiduciary must have letters of appointment -- General duties -- When appointment effective. Code: AFF & SETI Rev. Records, Annual hb```b``c`c`P @QO>)a`pV~&8gEcyw( r?4UYOE>+# u4txY,@,+ .370 Tombstone allowed as funeral expense. 0000006270 00000 n .300 Successor may sue former representative. /Tx BMC 0000010729 00000 n /Tx BMC EMC Loading PDF. An executor acts until the estate administration is completed or if they resign, die or are removed for cause. 175 0 obj <> endobj KRS 395.605. A federal tax ID number is required to open an estate bank account. KRS 395.620, 395.625. E\i\z for Deed, Promissory This Informal Final Settlement Affidavit Motion and Order is an official form used by the Commonwealth of Kentucky, and it complies with all applicable state and Federal codes and statutes. 0000008270 00000 n For example, the first to die of a married couple might own at death only jointly-owned assets with right of survivorship with the surviving spouse and assets like retirement plans and life insurance policies with designated beneficiaries named in the contracts. In general , an executor's fee may not exceed five percent of the value of an estate, plus five percent of the income collected by the executor. Settlement Of Estate. @yf/`+J[ .240 Sale of choses in action -- Compromise of claims. The Informal Final Settlement does not require providing the court detailed information regarding the estate transactions, making it fairly simple to prepare and file. Will, All Affidavit Of Waiver Of Formal Settlement. EMC /Tx BMC An estate in Kentucky may be closed by either a formal final settlement process or informal final settlement process. Any motion accompanied by an "Agreed Order", any motion for a default judgment, Informal Final Settlement, uncontested probate motion, uncontested name change, or any motion for a hardship drivers license or IIL/IID may be filed with the District Clerk and sent directly to the presiding Judge for review and submission. HlOK Most inherited property is not taxable income to the recipient. /Tx BMC Some sections may be more current, see credits for details. Pick your plan on the pricing page and make an account. The court-based probate process is required to transfer probate property as directed by the decedents Will, or as directed by state law if no Will exists. These items include: None of these properties are controlled by, or affected by, the court-based probate process. @D)Yo^+ X@`]RsISQWJ-V|88vN3zd2ze. If the estate is closed by an Informal Final Settlement before a Periodic Settlement is required to be filed on the second anniversary, very little financial detail regarding the estate administration will become a part the courts public file. %PDF-1.5 % O6{ If you are an executor, probate can be a confusing process, so you are wise to start knowing every step of probate. If the estate is insolvent (meaning the probate assets are insufficient to pay all of the debts and costs of administration), great care must be given to determining the hierarchy of the competing claims to the estate assets, and how the limited estate property will be applied to these claims. EMC Leave blank if unknown. n3kGz=[==B0FX'+tG,}/Hh8mW2p[AiAN#8$X?AKHI{!7. document.write(new Date().getFullYear()); Kentucky Raleigh, North Carolina Informal Final Settlement: Affidavit, Motion And Order. lex et justitia. Some bank accounts and investment accounts offer pay on death or transfer on death features that allow the owner to designate beneficiaries to receive these assets after death. .615 Evidence -- How produced -- Allowances to be supported by facts. & Resolutions, Corporate An informal final settlement involves the filing of a simple form in which the Executor informs the Court that the estate administration is complete, and documents are submitted to the Court, signed by the beneficiaries, indicating their satisfaction with the estate administration. Minutes, Corporate .070 Executor of executor cannot administer estate of first testator. Trust, Living Presenting and proving the validity of a decedents Will to the probate court. Forms, Real Estate Probate real estate should be insured until sale or distribution. This legal notice is intended to put the decedents creditors on notice that they need to present their claims to the Fiduciary. Planning Pack, Home /Tx BMC The Fiduciarys commission is part of the costs of estate administration. After the Fiduciary has disallowed a claim, the claimant has a limited time to institute a lawsuit in Circuit Court to attempt to prove the claims validity. .340 Estate for life of another considered personal estate. V0bgzJ{H: Kentucky law provides that any person who serves as executor has the right to request a fee for their services. %PDF-1.6 % Center, Small 0000015962 00000 n 0000002719 00000 n These interests may include the rights of estate creditors, the rights of tax authorities, and the rights of estate beneficiaries. /Tx BMC packages, Easy .155 Computation of personal representative's commission. x- [ 0}y)7ta>jT7@t`q2&6ZL?_yxg)zLU*uSkSeO4?c. R -25 S>Vd`rn~Y&+`;A4 A9 =-tl`;~p Gp| [`L` "AYA+Cb(R, *T2B- . Lexington, KY 40515, B.S. .030 Jurisdiction of administration of intestate's estate. hbbd```b`` .130 Bond, when required -- Cost of corporate surety paid from estate. 0000009273 00000 n Forms, Small The value of any real estate included in the probate estate is not considered in determining the amount of the commission. 0000056419 00000 n 0000002297 00000 n .140 Bond -- Persons not to be surety on -- Recording of. DE;EL@$X"cegT3 k$10Sl2(9dL; ) 0000007027 00000 n After the court appoints a Fiduciary, the court clerk will arrange for a legal notice of the estate to be published in a local newspaper. 0000001895 00000 n Service, Contact The Informal Final Settlement is available only for solvent estates (where all debts and expenses have been fully paid) and is practical only when all of the residuary estate beneficiaries are satisfied, including with what they received from the estate. EMC A formal settlement must reflect the distribution to the heirs of their respective bequests. 0000013886 00000 n (859) 552-5151. 0000003122 00000 n .195 Transactions authorized for personal representative -- Exceptions. 0000005201 00000 n In addition, the estate is a separate taxable entity that could receive its own income during the period of administration.