Executor's fees are addressed under the probate laws in each particular jurisdiction. You need to check the laws in yours.
Executor's fees are addressed under the probate laws in each particular jurisdiction. You need to check the laws in yours.
Executor's fees are addressed under the probate laws in each particular jurisdiction. You need to check the laws in yours.
Executor's fees are addressed under the probate laws in each particular jurisdiction. You need to check the laws in yours.
Check with the Court of jurisdiction where you are as it varies from state to state.
Executor's fees are addressed under the probate laws in each particular jurisdiction. You need to check the laws in yours.
an executor gets 10 percent more always
Your brother already has enough going on. The duties of being executor would be too much. Someone else in the family should petition to be appointed executor and your brother should decline.
What does his will say? What instructions has he given to the Executor of his estate? How much equity is in the home?
I am not an attorney. You could mean that family don't like the person chosen to be the executor, or that family object to something the executor is doing. Not liking the person is petty, and not worth getting upset about. The executor was chosen by the deceased, and if the will is in order and if the executor is doing everything properly, then you just suck it up until the assets are distributed. If the executor is not following the exact specifications in the will, then there is a problem. Family should be able to obtain a copy of the will, and if the executor is misbehaving then probate court has to come into the picture. Even when there is a will, the process is handled by probate court, although the process is much more streamlined when there isa will. But the provisions of the will have to be determined to be legal by probate court, and no executor can simply do what he pleases without regard to the provisions of the will. It sounds like probate court may be able to help you.
how much does an executor get paid in arkansas
A court appointed executor must settle the estate with as much expediency as possible. When the executor acts in an unreasonable manner a complaint an be filed with the court. The court will hear the evidence and if it decides the executor is not performing their duties appropriately it can issue a court order to compel the executor to act. If the neglect continues the beneficiaries can request the executor be removed and a successor appointed. You should speak with the attorney who is handling the estate.
The executor will have a letter of authority from the court. That should allow them to see the transactions involved.
The executor of an estate uses the assets of the estate to pay any taxes or other debts owed by that estate. If it should turn out that the taxes owed exceed the value of the estate, then the executor pays as much as the estate consists of, after which there is no longer an estate.
The executor had no idea how much work was required in settling an estate.
you should respect your family so lots
There isn't much you can do until this person decides on their own that they want to leave.
My 12th Birthday is tomorrow, I think the right amount is $100.00. (From every family member put together). Money is a good thing to have.
They are pretty much in charge of the estate. Only the court can over ride the executor.