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Is an executor entitled to receive any bank statements receipts prior to the date of death?
Wiki User
∙ 9y ago
An executor of a person's will is not entitled to receive any bank statements or receipts prior to the death of the person having the will. Only one exemption to this rule exists on many state law books, and that is if the executor has power of attorney for the person who made the will.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoThey would typically be allowed to do that. The executor can pull some gifts back into the estate and that is one way of finding gifts of cash.
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Can the executor of a will receive compensation for being executor and beneficiary?
Unless specified otherwise in the will, an executor is entitled to compensation for their work. Anything they inherit is a separate accounting.
Does the executor of an estate receive payment for carrying out duties to distribute proceeds of an estate in Ontario Canada?
The executor is entitled to compensation for their time and effort. The court will approve the payment at the going rate.
What does it mean to be the executor and a heir?
It means they are responsible to administer the estate. They will also receive some of the estate as an heir.
Does the executor receive the estate in the UK?
No, the beneficiaries receive the estate. An executor could be a beneficiary
Who is entitled to receive money from a will?
Anybody mentioned in the will is entitled to receive money from a will.
If you are supposed to receive inheritance money from a will but it doesn' state the age you are supposed to get it do you automatically get it when you turn 18 or does the will holder get to decide w?
When you become an adult, you are entitled to the money. The executor has no choice but to distribute the money.
Can a executor receive the house as a gift?
Yes
How much does the executor of a will get in Alabama?
In Alabama, the executor of a will is entitled to compensation for their services. The compensation is typically set by the terms of the will or agreed upon by the executor and the beneficiaries. If the will does not specify compensation, Alabama law allows for a "reasonable fee" for the executor's services.
What expenses can be claimed as an executor of an estate?
Reasonable expenses can be charged to the estate. The executor can also receive payment.
What rights have as beneficiary in will when not the executor?
All the rights required. He or she does not need to be an executor to receive any bequest. It is the responsibility and legal duty of the executor to carry out the wishes of the deceased.
Can you benefit from the will if you are the executor?
Yes, nothing prohibits the executor from receiving part of the estate. In fact, it is more common than not for the executor to receive something, as for example, where a husband leaves his estate to his spouse and makes her his executor.
Can you still receive your share of the will if your mother was the executor of the will first?
The executor is required to distribute the will according to its terms. Who that is should not affect the distribution.
