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Q: What is the NJ Mileage Allowance For Executor?
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What is mileage allowance for the executor of a will?

Currently the Federal Government authorizes 55.5 cents a mile, which unless limited by state law could be justified by the executor.


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How do you get Executor Power?

Generally, in order to be appointed the Executor of an estate you must present the Will to the Probate Court for allowance and at the same time petition to be appointed the Executor.


Is executor fee in NJ taxable?

Yes, the executor fee in the state of NJ is taxable. However, it is only 5% taxable and up to $200,000 dollars.


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How do you find if i am a beneficiary?

If you are a beneficiary of a will you will be notified when the will is presented to the court for allowance and appointment of an executor.


Federal mileage allowance for 2009?

.55/mile


What is the latest federal mileage allowance?

9.00 dollars


How do you get named as executor if your parent has already passed away?

You need to submit the will to probate court for allowance and ask to be appointed the executor. If there is a different executor named in the will they may need to sign a declination.


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