Product feature Capability

[mabraxton12]

I selected this software AceMoney to track Estate Account proceeds & expense payments for my parents who have passed away and I am Executive Administrator managing Estate Account from sale of home proceeds to pay for any Medicaid expenses if any since my mother & father have passed away and distribute balance of monies if any approved by surrogate court to my 3 brothers as beneficiaries at a future date.

In summary I wanted to be assured this software will accommodate appropriate use & documentation for managing our Estate Account.

Please advise if I made a good choice selecting this product for simple accounting purposes.

[RLebeau]

Seems pretty straight forward to me. I would create an Account and report a deposit into it for the money received from selling the home, then use that same Account to record withdrawls when paying medical expenses and distributions to your brothers.