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When you have 2 executor's and 1 of them put you as a secondary executor what happens?
Wiki User
∙ 9y ago
Any executor must be appointed by the probate court. If joint executors are named in the Will they must petition to be appointed by the court. They can only be removed by the same court.
Wiki User
∙ 8y ago
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What happens if one executor wants to put her children as executors and the othe executor disagrees?
Executors don't appoint executors. The court appoints them.
Can anyone other than the executor of the will put the house on the market or sell it without the executors permission?
no
Should the names of the utility bills be put into the executors name?
It should be in the name of the estate. Putting it in the executor's name might make them liable for the money.
What if the executor of a will was put in jail for a felony conviction does the secondary executor listed in the will automatically become the executor?
No one automatically becomes an executor. The executor must be appointed by the court. The first executor will need to be removed by the court and a successor must be appointed. However, the court will do nothing until a petition is filed requesting the changes.
What happens if the executor of an estate don't pay for funeral and someone else is put on death certificate?
The funeral expense is one of the the first expense that must be paid in the statutory scheme of debt paying that executors must follow. If the executor hasn't paid that debt they risk personal liability. They should be reported to the court that appointed them. An incorrect name on the death certificate should be reported to the authority that issued the death certificate.
What percentage of executors or administrators charge the estate?
There are no clear numbers on the percentage of executors that charge the estate for their services. Estimates put this number at anywhere from 40 to 75 percent.
Can executors fee be put on settlement statement without prior approval of all beneficiaries?
It depends on the specific laws and regulations of the region where the estate is being settled. In some cases, executor fees can be included in the settlement statement without prior approval of beneficiaries if the terms were agreed upon in the will or approved by the court. It is generally advisable for the executor to communicate and obtain consent from beneficiaries to avoid potential disputes.
What is the Attorney estate fee in New Jersey?
An executor in New Jersey receives compensation in the form of commissions on the date of death value of the estate and on the income earned by estate assets after the date of death. The rates are: 5% on the first $200,000.; 3.5% on the next 800,000; 2% on the excess over $1,000,000. A court may adjust these percentages somewhat depending on what is defined as the "pains, trouble and risk" the executor is put to in order to handle the estate. In addition, executors get 6% of all income earned by the estate assets. Income includes all post-death dividends from stock, interest on bank accounts and rents from real property, if any. Executors can also get reimbursed for legitimate expenses, but may not charge by the hour for the work that is done.
If your parent dies and has a vehicle how do you put it in your name?
The estate Executor and/or the court will either assign the title or sell the vehicle. If it is part of your bequest the executor will do this with you.
Can the executor of the will put the parent in a home?
No. As the executor of a will, your role as executor is not triggered until the party who named you executor dies. If the parent is still alive, you'd need a power of attorney (document) naming you as the power of attorney to make decisions for the parent in the event that the parent is incapacitated or incapable of making decisions on his or her own behalf.
Can one heir put another heir out of their home?
No, one heir cannot legally evict another heir from their shared inheritance without following proper legal procedures. Each heir has rights to the inheritance and must be treated fairly and within the confines of the law. If there is a dispute, it is advisable for the parties to seek legal advice to resolve the issue.
In North Carolina can someone besides the executor of the will put the land up for sell as long as they are a beneficiary?
Real property can only be sold by the executor of the estate. A beneficiary is not allowed to sell the property.
