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Of course it is legal.
Wiki User
∙ 12y ago
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.
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Can an executor take periodic fees of the estate for a large complex state that will take some time to settle?
Yes, they can take periodic fees. It is subject to the state laws and the approval of the court.
Can the executor and alternate executor share duties?
Of course the alternate can volunteer to assist the court appointed executor in the fulfillment of her duties. However, the alternate has no legal power and will not be entitled to any compensation.
How long after the death does the executor have to settle the estate in wi?
In Wisconsin, there is no specific deadline for settling an estate after someone's death. However, the executor should work diligently to handle the estate in a timely manner and follow any guidelines set forth in the will or by state law. It's advisable to keep beneficiaries informed of the progress to avoid unnecessary delays or disputes.
How long after a family death can a beneficiary sue an executor of the estate?
The will must be admitted to probate. The executor must be appointed by the court. Then, the executor must do something that violates their legal responsibilities. That could take months or that may never happen. You seem to already have something in mind.
Can an executor find ways to keep one of his sibling from receiving an inheritance as outlined in the will by directing executor fees toward that sibling's allotment or other methods?
An executor must adhere to the instructions outlined in the will and distribute assets according to the deceased person's wishes. Using executor fees to reduce a sibling's inheritance or manipulating the distribution of assets would likely be considered a breach of fiduciary duty and could result in legal action against the executor. It is important for the executor to act in a fair and transparent manner during the estate administration process.
If the Will contest is dropped placing the Executor as the sole Owner can they refuse to take possession and continue to act as Executor for the Deceased?
The construction of your question reveals much confusion regarding the probate process. The withdrawal of a Will contest does not make the executor the owner, it allows the court to appoint the executor. A person is not the legal executor until they have been duly appointed by the probate court. Once appointed the executor has the authority and responsibility of settling the estate without any interference by the beneficiaries.
Can executor of a will take others out?
The executor cannot change the will. They have to execute the will as it was written and as modified by law.
Can you get in trouble for unpaid overdraft fees?
Definitely yes. Your credit rating will get affected and the bank can take legal action against you
Can an executor take cars out of state?
If the executor is in process of selling the car for the estate, I believe it would be proper for them to do that. The executor does not own it but it is their position to disperse the assets.
How do you get legal help in Wisconsin?
Fortunately, there are a number of legal services organizations in Wisconsin. You can use a Lawyer Referral service if you have financial resources to pay for an attorney, or if you qualify as low-income, there are some organizations that will assist you for free. Free organizations generally have some limits on the types of cases they will take. If you have a criminal legal issue, and do not have the money to pay for an attorney, you should contact the local public defender. Visit the Wisconsin Legal Assistance Guide related link for a directory of statewide and local legal assistance resources.
Can you take civil action against an executor?
As long as your question is referring to the executor of a will, than the answer to your question is yes.
If one joint power of attorney refuses to participate in the handling of the estate what can the other do to take care of the estate matters that are at a standstill?
Estates do not use power of attourney, they are managed by the executor(s) named in the will. It is the executors LEGAL DUTY to do what the will instructs - if an executor does not want to do this then a court will need to decide what to do.
