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Yes they do have to be approved. In most states there are standard fees and charges established. If the charges are within the guidelines, the court will normally approve without challenge.
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoYes, the court must approve the expenditure. They typically will approve reasonable rates.
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Is it legal to take executor fees in Wisconsin?
Yes, it is generally legal for executors to take fees in Wisconsin. The law allows executors to be compensated for their time and services in administering an estate. However, the amount of fees must be reasonable and must be approved by the court if there is a dispute.
What executors are allowed to probate a will in the state of Texas?
The executors that are appointed by the court. The court will issue a letter of authority to the appropriate executor(s).
What happens if one executor wants to put her children as executors and the othe executor disagrees?
Executors don't appoint executors. The court appoints them.
What document is needed for filing the income from executors fees?
That depends on which country or state that you live in.
Will a secondary executor of an estate after a death lose control even if the will states joint executors?
Any executor must be appointed by the probate court. If joint executors are named in the Will they must petition to be appointed by the court. They can only be removed by the same court.
Does that mean the secondary executor of the estate lost control even if the will states joint executors?
Any executor must be appointed by the probate court. If joint executors are named in the Will they must petition to be appointed by the court. They can only be removed by the same court.
Will that mean the secondary executor of the estate lost control even if the will states joint executors?
Any executor must be appointed by the probate court. If joint executors are named in the Will they must petition to be appointed by the court. They can only be removed by the same court.
If 2 executors can 1 carry out tasks without permission from the other?
Generally, if two executors are named in the will and then appointed by the court as co-executors they must act together unless the will provides that either can act alone.
What happens when the two executors of a will denounce their roles as executors?
The remaining executor can submit a resignation to the court and request that a successor be appointed.
If you take someone to court can you also sue them for your lawyers fee also?
You may request the action in your suit, but it is completely at the descretion of the judge as to whether or not you recover such expenses.
Is there a limit to the permitted number of executors of estates and wills in North Carolina?
An EXECUTOR is named in the case of the existence of a will. (testate) An ADMINISTRATOR is named by the court in the case of no will (intestate) The will of the deceased (if it exists) will be the guide which the court follows. There is no limit to the number of executors a testator may appoint in his/her will. See the related links below for the procedures when there are more than one executors and what happens when one of several executors dies, is removed or resigns.
What are reasonable executor's fees?
In addition to all out-of-pocket expenses in managing and settling the estate, Personal Representatives (executors) generally earn a fee of about 2% of the probate estate for their work. (This varies moderately in jurisdictions and generally decreases as a percentage as the size of the estate increases). All fees and reimbursed expenses are subject to court approval.
