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No. They can choose to not charge a fee but that is up to the executor.
No. They can choose to not charge a fee but that is up to the executor.
No. They can choose to not charge a fee but that is up to the executor.
No. They can choose to not charge a fee but that is up to the executor.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoNo. They can choose to not charge a fee but that is up to the executor.
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How much fee will be charge for an NSTP?
who much fee will be charge for an nstp component
Can merchants charge a fee for using a debit card in Vancouver BC?
As I understand, their must be a prompt at the begining of the transaction on the interac machine for you to accept the additional charge. A vendor cannot simply add the user fee to the total of the transaction amount.
Does a curency exchange charge a fee?
Most currency exchanges charge a small fee. This is how they remain in business.
What does an annual fee mean with credit cards?
The annual fee of a credit card is a charge applied once yearly. This charge is the cost of having the credit card. There are many credit cards available that do not charge a fee. The credit cards that do charge a fee often offer rewards, like travel.
How do you get the money your parents willed to you?
First the will must be filed for probate and an executor must be appointed. After the payment of the debts of the estate the executor must make distribution of the remaining estate according to the provisions in the will and the state probate laws. The executor acts under the supervision of the court and must settle the estate with expediency.
What fee can an executor of an estate charge in NM?
what is a reasonable executor fee in new mexico
Should proponent of will receive executor fee in Virginia?
Yes, the executor certainly may charge for their services. The amount must be reasonable and approved by the court.
How much can you charge for an executor fee in state of Maine?
five percent
Does the executor fee continue as long as the estate has property?
Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.
Does the executor's fee come off the top of the estate?
The decedent's debts, the costs of administration and the executor's fee must be paid by the estate prior to the distribution of any assets.
What rights do the non executor surviving children of deceased parents have to the estate when only one is named executor?
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.
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.
What is the estate executor fee in Arkansas?
what if the estate executor fee in arkansas
If the executor is a relative are they entitled to the executor fee?
The executor is entitled to a fee for their services. Their relationship is not a deciding factor. In many states the fee is set by law.
Can executor sell personal property?
The sale should have court approval. The executor needs to request a license to sell from the court and will need to disclose the name of the buyer and the price. The beneficiaries will be notified of the petition for a license and will have the opportunity to object. If you have objections you must make certain you appear on the day proclaimed in the notice. The court will hear objections and render a decision on whether to issue the license to sell or not.
What is the fee an executor of an estate receives in Illinois?
The fee is based on the effort and is usually an hourly rate. It is standardized in some states. The executor must show the court records and documentation to demonstrate to them that the effort is legitimate and the court must approve the amount.
