You need to check with your state's laws. Illinois law, for example, provides that executors are entitled to "reasonable compensation". It does not distinguish between family members and others. 755 ILCS 5/27‑1.
Yes. A court appointed executor is entitled to be paid for their service and the rate is set by state law. If there is a will, there may be a clause that restricts it for a family member serving as the executor. Depending on the jurisdiction, that may be valid.
In the US, the estate needs a tax number. It ensures that the proper taxes are paid to the government.
The account should be presented to the executor of the estate (not just a family member) before payment. That is, unless the deceased paid the bill before dying--then it goes through.
The named executor must submit the will for probate and request appointment as the executor. Once appointed they will have the sole authority and responsibility to settle the estate. The executor should hire an attorney, especially if there is real estate.The other family members have no right to interfere with the executor's handling of the estate unless the executor fails to perform their duties properly. They do not have any right to handle any property of the estate. The executor must follow the state laws that govern estates and the debts must be paid before any property can be distributed to the heirs. The executor will be eligible to charge a fee for their services and the fee is set by law. Any family member can monitor the progress by visiting the court and requesting to review the probate file.
how much does an executor get paid in arkansas
It will depend on the estate. The executor is entitled to their fee by law, and that can take precedence over debtors.
The executor should never pay the bills themselves. They should have the estate do it. Yes, with proper receipts, there should be no problem with getting the money back.
If boyfriend and girlfriend both paid for property and are both the legal owners then the girlfriend would own the property. If not then the property will go to boyfriends next of kin (closest living blood relative).
Your are entitled to reasonable compensation for the work that you did. The accounting should be submitted to the court with the change papers.
The lien will be paid by the executor or administrator of the estate. You should inquire at the court that issued the lien (perhaps you could speak to an advocate) and at the court where the estate was filed.The lien will be paid by the executor or administrator of the estate. You should inquire at the court that issued the lien (perhaps you could speak to an advocate) and at the court where the estate was filed.The lien will be paid by the executor or administrator of the estate. You should inquire at the court that issued the lien (perhaps you could speak to an advocate) and at the court where the estate was filed.The lien will be paid by the executor or administrator of the estate. You should inquire at the court that issued the lien (perhaps you could speak to an advocate) and at the court where the estate was filed.
An executor of a will may be paid for work done on the estate if the will states they are to be paid. Most states will allow expenses to be paid within reason to the executor, but they must show proof.
California paid family leave provides for up to 6 weeks of paid leave to take care of a seriously ill child, family member, spouse, or domestic partner.