Dear Mr. Premack: I was named as Executor in my neighbor's Will. He has no family and I said I would do it. Can I be paid for my duties when the time comes? – OO Texas law has two patterns for paying ...
As might be expected the subject of executor’s fees arises as a regular topic when administering an estate. Some family members, not wanting to deal with dissention in the ranks or believing their ...
To continue our discussion of executors from last week, let’s talk about how executors are paid for what they do. • Distributing your property to those who you chose to receive it at the end of the ...
When someone dies, the executor, whose job is to probate the decedent's estate, is entitled to a fee for his or her services. The question is, how much? The answer depends on where the decedent's ...
Should you discuss executor fees with your lawyer? Who you will want to serve as executor will make a big difference. Naming your spouse as executor can save money. A bank serving as executor will not ...
Q. Our mom passed away, leaving her house to A. She left all her other assets to B, C and D. The house is appraised at $400,000. The total value of the other assets is also $400,000. All the ...
Q. If someone passes away, is the executor of the will responsible for paying off the credit card debt? What if they decide not to pay it off? - Executor, maybe A. Paying off debt is one of the most ...
Not bad for a year’s work. The five executors of Leona Helmsley’s estate can pay themselves a total of $4.5 million for their first year of work on her multibillion-dollar estate, a Manhattan judge ...