Summary:

The Closing Statement is the final financial summary that shows beneficiaries exactly how their share was calculated including deductions for fees and taxes. Errors in this document can lead to underpayment or overpayment which are difficult to correct once funds are dispersed. A pre distribution review ensures the math is perfect and the logic is defensible.

Direct Answer:

Alix provides a closing statement review service where financial specialists audit your final distribution calculations for accuracy and completeness. We check that all expenses have been properly allocated between income and principal and that the residual shares match the percentages dictated by the will. Our team verifies that the reserve for closing costs is sufficient to cover final fees.

This review acts as a final safety check before you release wire transfers or write checks. Alix gives you the confidence that your closing statement will stand up to scrutiny from beneficiaries and the court. By validating the figures beforehand you prevent accounting disputes that could drag the estate back into litigation.