You cannot charge for your services unless you have made that agreement with your other siblings.
If you are the one going through your mother's belongings, sorting everything out, discarding non-savables and packing up things to distribute to your siblings they should pay you because that is a big job. However, you really must have a written agreement that sets forth exactly what you will do and how much you will charge. Everyone needs to sign it. You can't just present them with a bill after you're finished.
An executor is paid for their services. If you perform this big job on your own, you should be paid by your siblings. You should be able to make a reasonable agreement together.
Direct expenses refer to all those expenses which are incurred from the stage of purchase till the stage of making the goods insaleable condition.such expenses include the following expenses: (i) freight inwards (ii) import duty (iii) octroi (iv) carriage inwards and cartage inwards (v) wages
Pre-operating costs are any expenses incurred during the formation of a new business. All types of business entities may incur pre-operating costs.
The theory of calculating business interruption losses is relatively easy, but the application is very difficult and subjective. Theoretically the insured, based on the most common policy wordings, is entitled to lost profits plus continuing normal operating expenses incurred. Another popular version is lost revenue less saved expenses (or those expenses not necesarily incurred). Ordinary payroll may or may not be covered as a continuing expense based upon the wording of the policy. Insurance companies generally take the position that no depreciation is a continuing expense if the asset is destroyed or idle during the suspension of the business.
Operating Expenses are expenses that are incurred while running a business. Maintenance Expense could be considered anything from the cost of maintaining a company vehicle to repairs made on a building or some other type of "maintenance" that is require by the business in order to function at 100%. Many expenses have their own account such as, Utilities Expense, Rent Expense, Insurance Expense, Interest Expense, Supply Expense, just to name a few. Other expense may not have a specific account in which to be recorded, such as Travel Expense, Food Expense (perhaps to entertain a possible client), these expense are often listed under "Other Expenses".
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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 mortem, the outstanding bills are paid pro rata. The heirs, especially dependent spouses and children would get nothing. Effective estate planning would reduce the possibility of dependents being left high and dry.
Expenses incurred but not yet paid or recorded are called accrued expenses.
Accrued Expenses
Outstanding expnese is that expense which is already incurred but amount is not paid while unexpired expenses are those expenses for which payment is made in advance but actually expenses are not yet incurred.
The executor's fee is compensation for the work done. It is often calculated as an hourly rate, plus appropriate expenses (mileage, phone calls, etc.). In some places it is capped by law to a certain percentage of the estate's value.
Only if the person entered into a written contract with the medical providers to do so.
Incurred expenses before company formation after commencement of business
Selling Expenses
Expenses which are incurred for the selling of product is called Selling Expenses while expenses incurred on administration of general day to day tasks are called administration expenses
Only if expenses where occurred.
All expenses incurred are part of income statement of company whle advance expenses or expenses payable are part of balance sheet.
General and administration expenses are those expenses incurred to run day to day business activities. Overhead expenses are factory expenses incurred to run the day to day activities of running production process.