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What is the Maine executor fee?
There is no set Maine executor fee. It is up to the executor and the court to decide a reasonable amount for a fee.
Is there a fee for a executor of a will?
The executor's fee is generally set by state law.
How do you transfer the position of executor to another person?
An executor must be appointed by a court. The executor can resign by filing a resignation with the court and the court will appoint a successor.
Are executor fees taxable income if the deceased was a family member and the executor was also a beneficary?
There is a distinction between money the executor receives as compensation for administering the estate and money the executor receives as an inheritance. The fees are taxable income, the inheritance is not.
Can an executor be held personally liable for the estate tax?
can the executor be liable for estate tax
What actors and actresses appeared in His Last Crooked Deal - 1913?
The cast of His Last Crooked Deal - 1913 includes: Henry King as Walt Dawson - the Gambler
What happens if the executor of an estate refuses their position and makes the next of kin executor?
Happens all the time. No big deal. The executor, whomever it is, fulfills the duties are required by law. And if no one 'wants' to be the executor, the court will appoint someone to do it, usually an attorney or a bank.
What is the procedure taken by an executor to negotiate with the beneficiaries of a will because some beneficiaries want a more fair deal according to them?
After the will has been allowed and the executor has been appointed by the court the executor is obligated by law to carry out the distribution as set forth in the will by the testator. The executor has no authority to change any provisions that were made by the testator unless that power was also granted in the will. There is no "procedure for negotiating" with beneficiaries who want a "more fair deal" than was provided by the testator. The executor needs to seek some advice from the attorney who is handling the estate. The executor needs a primer on their legal obligations and personal liability if they overstep their authority and decide to operate outside the probate laws.
How do I become an executor of a deceased parents estate?
If there is a will then the person to be executor is appointed by the will. If there is no will or the executor is dead then you need to go and see a solicitor about how to proceed. If the estate is very small there may be government advice on how to proceed (solicitors will charge) - there are usually rules about how to deal with estates below a certain value.
How do you fix a crooked bmx back tire?
Well, if it's the tire that's crooked you deflate it a bit, wiggle it into place, and inflate it again. If it's actually the rim that's gone crooked it's another deal entirely. Type "wheel trueing" into any search engine and see what oyu get.
Can the executor of the estate chose what gets sold and what doesn't without asking beneficiaries if they want it?
The executor has a great deal of leeway in settling all debts. He has to come up with assets to clean up the debts before distribution.
Can a person who is power of attorney and has been for a number of years deal with the persons will when they die even though someone else is named as executor?
Not legally. A power of attorney represents a living person. After their death, the will and its appointed executor are responsible.
Can a named executor of a person's estate deal with their finances immediately after death?
No. The executor should secure the property and must file a petition in the Probate court to be appointed the executor. They must present the Will so it can be examined and approved by the court. They have no legal authority until the Will has been allowed and they have been duly appointed by the court.
What is the Antonym for crooked?
The antonym for crooked is straight.
What is the comparative and superlative of crooked?
Comparative: more crooked Superlative: most crooked
Will named you as executor but living trust for the house has no executor named Am I still the executor?
The living trust has a trustee, not an executor. The will is a separate process and you would be the executor.
What recourse does one have if the person named as executor in a will did not get court appointed before removing property from a home?
You should file a police report immediately naming the person and the property that was taken. Until the executor is appointed by the court they have no authority to take property from the estate or to deal with the estate in any way.The person in possession of the will should submit it for probate and request appointment as executor. The appointed executor could press charges against the person who removed property absent any authority.You should consult with an attorney who specializes in probate immediately.You should file a police report immediately naming the person and the property that was taken. Until the executor is appointed by the court they have no authority to take property from the estate or to deal with the estate in any way.The person in possession of the will should submit it for probate and request appointment as executor. The appointed executor could press charges against the person who removed property absent any authority.You should consult with an attorney who specializes in probate immediately.You should file a police report immediately naming the person and the property that was taken. Until the executor is appointed by the court they have no authority to take property from the estate or to deal with the estate in any way.The person in possession of the will should submit it for probate and request appointment as executor. The appointed executor could press charges against the person who removed property absent any authority.You should consult with an attorney who specializes in probate immediately.You should file a police report immediately naming the person and the property that was taken. Until the executor is appointed by the court they have no authority to take property from the estate or to deal with the estate in any way.The person in possession of the will should submit it for probate and request appointment as executor. The appointed executor could press charges against the person who removed property absent any authority.You should consult with an attorney who specializes in probate immediately.
