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Under the NY EPTL, trustees are entitled a fee for the execution of their duties with regards to a will. The exact fee amount is divided into tiers, depending on the value of the estate being managed.
Wiki User
∙ 9y ago
Wiki User
∙ 12y agoThe formula is based on the size of the trust and the number of trustees. See the link below for the formula.
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What are the New York state stuatory trustee fees?
Irrevocble Trust
What is New york state revocable trust trustee fees?
I guess what ever is agreed upon that a court would find reasonable.
Are executor fees taxable in New York state?
They are income for the executor. Yes, they are taxable.
Can a non US domiciliary be a Trustee of a New York trust?
As the trust is registered in the U.S.A , then the trustee should also be a U.S citizen.
Based on New York state law can an irrevocable trust have co trustees or is only one trustee permitted?
There can be two trustees, depends on the wording of the trust.
What state is New York in?
New York is the name of the state. The City of New York (New York City) is in the state of New York.
What is new York's state?
New York is the name of the state. The City of New York (New York City) is in the state of New York.
Cost to attend buffalo state college?
State University of New York College at BuffaloBuffalo, New YorkAnnual College Costs (Fall 2009)In-state tuition and fees: $6,007Out-of-state tuition and fees: $13,907Room and board: $9,186Books and supplies: $900Estimated personal expenses: $1,000Transportation expense: $1,100
How much can a lawyer in New York State charge to probate an estate?
Fees vary by state, and they can add up: In New York, they are 5% on the first $100,000 of the estate, 4% on the next $200,000, 3% on the next $700,000, 2.5% on the next $4 million, and 2% on the rest. There may be other fees, such as court fees, accounting fees, bond fees, or other miscellaneous fees. If you aren't working with an attorney, you should contact the Surrogate's Court in your county and ask any specific questions you might have.
What state in New York in?
New York City is in New York State.
How much is NYU Film School tuition?
Tuition for New York University Film School will depend on the type of student that you are. For state residents the fees will be least expensive, followed by fees for out-of-state students, followed by international students.
What's in New York State?
New York City is in New York State.
