Accounting is the final stage of the probate and estate administration process. In this final stage, debts are paid and the fiduciary accounts for her actions by drafting an account. In an informal accounting, which is most common, the written account is provided to all interested parties for review. The account lists all the credits and debits of the estate along with a proposed distribution. If the parties approve the account, they sign a Receipt & Release. This document indicates that the party received the appropriate distribution and releases the fiduciary from liability. This final stage should not take more than a few weeks to complete, assuming there are no objections to the account.