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 ...
Probate is the legal process through which a deceased person's estate is managed and distributed. When someone passes away, their assets, which include properties, possessions, and finances, are not ...
Q. New Jersey statute has a schedule of reasonable fees for services provided by the executor of an estate based on the value of the probate estate. If the only probate asset of value is a house and ...
It’s hard to find good help, especially when you’re dead. Choosing an estate’s executor, the person who carries out the terms of a will, is a fraught decision, and whether you tap a friend, family ...
A. It seems you’re trying to determine how the executor fee, also called the corpus commission, is set. In New Jersey, the fee is 5% of the first $200,000 of assets taken in by the executor, 3.5% of ...
Question: I was wondering if there is a set percentage fee for being the executor of an estate in Massachusetts? I have been handling my mother’s estate for almost a year and it has been extremely ...
Sometimes clients suggest ideas that lend themselves easily to columns. This column resulted from a comment by a client who had been asked by a relative if he would be willing to serve as executor of ...
What rules to follow - and exceptions, too - for an executor's fee. (pippalou/morguefile.com) Q. My father-in-law passed away three years ago. In his will, he left everything to his two kids. The will ...