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Does the executor work for the beneficiary?
No, the executor works for the estate. The estate will pay the executor a reasonable fee. The beneficiary has limited direction that they can give the executor.
Can you give a sentence for the word executor?
The executor had no idea how much work was required in settling an estate.
Can the executor of a will receive compensation for being executor and beneficiary?
Unless specified otherwise in the will, an executor is entitled to compensation for their work. Anything they inherit is a separate accounting.
If you sign papers to take you off as an executor can you still get paid for the work you are doing as an executor?
Your are entitled to reasonable compensation for the work that you did. The accounting should be submitted to the court with the change papers.
Can the executor pay for work needed on properties?
The executor is responsible for the assets of the estate. That would include taking care of the property taxes, upkeep and maintenance. The executor is not personally responsible for the bills, the estate is.
Can the executor of the estate appoint her husband to do all the work except sign papers?
The executor of the estate is responsible for fulfillinlg the requirements of their position. They are not required to do all the work themselves. If it is reasonable to hire someone else to do the work, it is acceptable.
Should sibling who is executor and is inheriting estate residual be able to get executor fees from other sibling who is inheriting most of estate in real estate?
Yes. There is a lot of work and responsibility involved in being the executor of an estate. The one sibling/beneficiary who is appointed should not be reqired to work for the other beneficiary for free. In some cases the executor may not charge the statutory fee, however, they should not be expected to work for free. The executor fee should be paid from the estate. If one of two sibling is inheriting real estate then they should make a cash contribution equal to one-half of the executor's fee.
Can relative be an executor of your estate?
It depends on the laws of the particular state where the will is being executed concerning the executor.
I have a full accounting of the estate funds and the executor took money from the estate how do get this money back from the executor I am a beneficary?
The executor is entitled to be paid for their work. The court has to approve the distribution and the fee they charged, which is often set by law. If the estate has been closed, you can sue the executor if they breached their fiduciary duty.
Will named you as executor but living trust for the house has no executor named Am I still the executor?
The living trust has a trustee, not an executor. The will is a separate process and you would be the executor.
You are an executor of your cousins will he was a beneficiary of his stepfathers estate but died before his stepfather?
If he died before his stepfather, he will not receive anything. Whether his heirs get anything will be determined by the stepfather's will and executor and will not affect your work.
If a beneficiary did the job of the executor and the executor still wants their comission can you challenge them in court?
Of course you should bring the matter to the attention of the court. However, the court may consider the person who did the work for the executor a volunteer. The executor was the court appointed estate representative. The beneficiary should have stayed out of it. It brings to mind the Tom Sawyer story about painting the fence.
