In re Estate of Merlau, No. 30A01-1304-EU-166, 2013 Ind. App. Unpub. LEXIS 1431 (Ind. Ct. App. Nov. 20, 2013)

(decedent died intestate survived by four children and was the owner of a large farming operation; the four children were the original personal representatives until disputes caused the trial court to appoint an independent personal representative; in reversing in part the trial court’s approval of the final accounting, the court found that stock still owned by the estate eight years after the death of the decedent should have been valued at the date of distribution, not the date of death; trial court improperly approved a partial distribution of dividends to one of the heirs because there was no valid agreement (1) set out in writing, (2) signed by all heirs, and (3) submitted to the court for approval; trial court improperly allowed estate to reimburse heirs, not partnership owned by several heirs, for administrative fees partnership paid on behalf of the estate).