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What else can I help you with?
Are Power of Attorney Expenses allowed in NY state?
Although you can charge a fee to an estate for acting as its Executor - I am not aware of it being customary to charge a fee for acting as someones Power of Attorney, unless that fee arrangement was stipulated in some agreement what was made between yourself and the person you hold the POA for.
What is the typical real estate attorney's fee for a residential closing?
Five to seven percent.
What if the property is claimed insolvent and their is no estate to pay the lawyer but he wants to charge a fee still?
You need to review any documents you signed when you hired the attorney to probate the estate. You may have agreed to pay the fee.
What is an attorney's fee?
An attorney's fee is a fee charged by an attorney for work done in relation to a lawsuit or other work done by an attorney.
In Connecticut can an executor ignore requests by the heir for an estate accounting and to communicate when real estate is to be sold?
If you have questions you should call the attorney who is handling the estate. The attorney is being paid a generous fee to handle the estate and should be willing to answer any questions from the beneficiaries and explain the legal timetables for sale of real estate and filing the final account.
What is the estate executor fee in ark?
In Arkansas, the executor fee is typically set at a percentage of the estate's value, usually around 2.5% to 5%. This fee can vary based on the complexity of the estate and the amount of work involved. Executors may also be entitled to reimbursement for reasonable expenses incurred while managing the estate. It's advisable for executors to consult with an attorney for specific guidance on fees and legal requirements.
What is executors fee in settling an estate in Wisconsin?
In Wisconsin, the executor's fee for settling an estate is typically determined by the value of the estate's assets. The fee is generally set at a percentage of the estate's total value, commonly around 2-4%, but can also be based on the time and effort involved in administering the estate. Executors may also receive reimbursement for out-of-pocket expenses incurred during the process. It's advisable to consult with an attorney or follow the guidelines set by the Wisconsin Statutes for specific fee structures.
If you are admimister of an estate do you have to pay taxes on money that is left to you?
No. The estate is responsible for any estate taxes. However, if your bequest involves a substantial amount of money you should seek professional advice. The attorney who is handling the estate should be able to advise you. If you get paid a fee for your services as the Administrator, that fee is treated as income and should be claimed on your tax return.
Can a Power of Attorney charge fees?
That is my question...can a person who holds the power of attorney for another person charge fees in the state of Georgia? And if so, is there some type of fee structure?
What is the typical hourly fee for a real estate lawyer in the State of Pennsylvania?
Attorney fees vary for real estate attornies in Pennsylvainia. However, you can expect to pay anywhere from $100 an hour upwards.
Can you decline your fee as an executor?
Yes. Most, if not all, states allow an executor to waive their fee. This is common where the executor is also an estate beneficiary, as the fee is taxed as income to the executor. Although this general answer is provided by an attorney, it should not be taken as legal advice regarding your particular situation and no attorney-client relationship is established. For help with your particular legal situation, please consult with an attorney.
What is a fee attorney in Texas?
A fee attorney in Texas is a private attorney who is contracted by the state to handle specific legal tasks, typically related to real estate transactions, such as closing loans and handling title matters. These attorneys receive a fee for their services, which is distinct from traditional attorneys who bill hourly or charge flat rates. Fee attorneys often work within title companies and are responsible for ensuring that all legal requirements are met during the closing process. Their role helps streamline real estate transactions while providing legal oversight.
