Topic: Executor Pay
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Answers to Common Questions
What if the beneficiaries do not want to pay the executor?
Executors have a statutory right to collect a fee for their services. Slavery is illegal in most civilized countries of the world. Read More »
Source: http://wiki.answers.com/Q/What_if_the_beneficiaries_do_not_want_t...
What happens if an executor does not have the funds to pay off de...
The executor's duty is to apply the deceased's assets, to the extent that it is possible towards meeting the deceased's liabilities. In the even of insufficient funds, after funeral and testamentary expenses - typically costs incurred post ... Read More »
Source: http://wiki.answers.com/Q/What_happens_if_an_executor_does_not_ha...
What can an executor do if an heir refuses to pay the inheritance...
Your question is troublesome. An executor must be appointed by the probate court. The executor has the duty, power and authority to settle the estate under the supervision of that court. If you are the duly appointed executor it is YOUR res... Read More »
Source: http://wiki.answers.com/Q/What_can_an_executor_do_if_an_heir_refu...
More Common Questions
Answers to Other Common Questions
Compensation for executors is limited by state laws, which vary, but fees usually range from two to four percent of the assets of the estate. Since executor fees are based on the value of an estate, money can be saved by savvy estate planni...
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Source: http://www.answerbag.com/q_view/2258828
No,thats wrong if there family its even worse
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Source: http://wiki.answers.com/Q/When_someone_dies_and_their_credit_card...
F.H. Kung, What you pay for someone to be trustee depends on the situation. For example, if you name family as the trustees most of the time they would not charge to be a trustee. If you use a bank or professional trust company the fees ra...
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Source: http://en.allexperts.com/q/Trusts-Estates-Law-933/Trust-7.htm
The solicitor is authorised to recover costs from the funds in the estate. As I understand it, the DWP will have to claim from the residue, i.e. the funds which remain available for distribution after legal fees have been paid. Another prio...
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Source: http://uk.answers.yahoo.com/question/index?qid=20080507125516AAko...
It may be a good idea to consult with a lawyer if only for limited questions about the estate that come up from time to time. That would be cheaper than hiring the lawyer to handle the estate. If you decide to pay yourself, it may need to b...
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Source: http://answers.yahoo.com/question/index?qid=20100103150748AA02UfQ
up to 2 years, then he has to explain to the judge
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Source: http://answers.yahoo.com/question/index?qid=20101101160447AA8lnwq
The executor of the will does not own the house; according to the will, the house belongs to the 5 grandchildren. The rent for the house, and any money made from the sale of the house, will go to the owner of the house; in this case, the 5 ...
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Source: http://answers.yahoo.com/question/index?qid=20111017073043AAMGdlW
