it depends on the will but the norm is about 10% of the total estate
When co-executors cannot agree then they each need to have their own attorney (or solicitor) and then allow the attorneys to complete the proceedings. Generally, an attorney will not allow the client to impede the process unnecessarily. Generally, the attorneys will be paid by the estate so it benefits the estate for the co-executors to act reasonably and responsibly to preserve the assets that will eventually pass to the beneficiaries.
The executors are responsible for the payment of the debts according to the payment scheme required by state law, however, if they do their jobs properly only the estate is responsible for the debts of the deceased. You need to be careful when there are debts and not enough money to pay them all. Certain creditors have the legal right to be paid first and the debts must be paid before any property is distributed to the heirs. You should seek the advice of an attorney who specializes in probate.If there are no assets in the estate to pay debts the creditors are out of luck.
how much do bricklayers get paid? they get paid around £29,976-£34,529 a year
aims of banking are the principle aim of a bank to improve thier cotomer servies ie that
A wikianswer supervisor does not get paid,it is for fun.
No, the executors are not personally responsible. It is their duty to value the estate and resolve debts based on the assets. If there is not enough money, it is reported to the court with the distribution plan and some people do not get paid.
Money paid to trustees and executors for their services is taxable compensation. More information is provided at the link below.
The executor does not have any rights or responsibilities before the person dies. Being paid makes no sense and is not a legal right.
co-independent executors
All executors have the right to see the will, they cannot execute it if they do not have access to it.
Executors do not get the money, it goes to the estate. The executors distribute the estate per the will or laws of intestacy.
When co-executors cannot agree then they each need to have their own attorney (or solicitor) and then allow the attorneys to complete the proceedings. Generally, an attorney will not allow the client to impede the process unnecessarily. Generally, the attorneys will be paid by the estate so it benefits the estate for the co-executors to act reasonably and responsibly to preserve the assets that will eventually pass to the beneficiaries.
Executors don't appoint executors. The court appoints them.
My husband and I are executors of a will and want to cancel this.
social servies
In the state of Va. the executor receives 10% after all bills are paid of the deceased. Second the executor is paid their 10%, third the executors expenses and reimbursements are paid and finally any inheritance left and designated per the will are disbursed accordingly.
social servies