0
The estate pays the executor. The fee is either approved by the court or proscribed by law.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Who pays taxes on estate that is controlled by the executor?
The executor of an estate uses the assets of the estate to pay any taxes or other debts owed by that estate. If it should turn out that the taxes owed exceed the value of the estate, then the executor pays as much as the estate consists of, after which there is no longer an estate.
Who pays for lawyer to replace exuector?
The estate pays the executor and the attorney. So it will be a part of the estate settlement and approved by the court.
Who pays for mortgage until estate is settled?
The executor of the will would be responsible
Is a executor liable for any bills?
The executor is not personally liable. They are required to use the estate funds to resolve bills.
Who pays the probate attorney and how much?
The estate pays the probate attorney. The amount will depend on the agreement the executor makes with them.
What if the deceased did not own their car and the executor would like to take it over?
The estate can sell the car to the executor. They will have to demonstrate to the court that they paid a fair market value for the vehicle. Essentially, the executor pays the estate for the car and the estate settles the car loan.
Who pays deceased unpaid mortgage?
If there is a will, the executor makes all mortgage payments from the estate of the deceased.
Can one be an executor of probate but not the estate?
There is no executor of probate. The executor of the estate executes the will and probates the estate.
What is the executor of estate for the Titanic?
What is the executor of the estate for the titanic?
Who pays a dead man's credit card?
The estate (whatever the deceased left behind) or a co signer on the card. The person in charge of the estate (executor) does NOT pay for any of the estate's debts out his/her pocket.
What is the estate executor fee in Arkansas?
what if the estate executor fee in arkansas
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.
