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In the state of NJ if there are 5 executors do they split the executor fee or is each paid a separate fee?
In New Jersey, 1% of the estate is added to the usual percentages for one executor for each additional executor. They split the total commission equally unless there is an agreement among them to split it in some other proportion. In an estate of about $100,000, the usual commission is 5% for one executor. If there are two executors, the commission would be 6%, with each entitled to 3% unless they agree to a different split. This answer is for informational purposes only and not to be taken as legal advice.
Who signs for the sale of a house to be split between the 3 heirs when one of the heirs is the executor only the executor or all 3 heirs?
The executor has the Letter of Authority to conduct the sale. No one else has to be involved.
How does the attorney or executor split the money of the deceased that did not leave a beneficiary name?
They will do it according to the law. Each state or jurisdiction has a law that specifies how it is distributed.
Definition od a broken family?
broken family is that family in which they split up.
How long does an executor of estate have to sell home in the will to be split between heirs?
There is no set time frame. They are required to do their best to get the most value for the property as possible.
Will bank of Nova Scotia shares split?
I don't know if it is legal to answer this question...I have a family member who works for a Bank Of Nova Scotia Branch and because of this, I've come to the conclusion that the BNS stocks do split every year or so (if I remember the time frame correctly).
Can a executor change a will and split it 5050 with anouther person when the will does not state that?
No. Executors must carry out the terms of the will as they are written with this exception: The beneficiaries may agree amongst themselves to divide the estate in a manner other than that in the will. This is just recognition of the fact that people can make gifts as they see fit. This does not give an executor power to do that. The beneficiaries do it and instruct the executor to make the distribution the way they want to.
Can executor ban heir from living at estate?
If you evict him properly after consulting with landlord/tenant eviction attorney. Are you going to then sell the property and split money with the heir?
What is another name for split?
saliva
Has an oasis band member died?
No, They split because The brothers Fell out :D
If you were to win 200 million dollars would you split it with friends or keep all of it?
Id split it with family. period.
What is another word of saying divide?
It is split it
