There is no executor of probate. The executor of the estate executes the will and probates the estate.
The executor has no power over the beneficiaries. The executor is responsible to the probate court for the administration of the estate. They must make a full accounting to the court.
What is the executor of the estate for the titanic?
what if the estate executor fee in arkansas
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.
They become part of his estate. The executor of his estate would file the claim against the first estate.
There's no automatic entitlement for the executor to receive any kind of payment. However the will itself might specify some form of compensation for them.United StatesExecutor's fees are set by statute in each jurisdiction.
how do you figure estate executor fee in colorado
No, the beneficiaries receive the estate. An executor could be a beneficiary
can the executor be liable for estate tax
No one, unless some malpractice is discovered on the part of the executor after the estate is closed and sues the executor. Once the estate is distributed and a final account is filed and approved the executor is discharged and the estate is closed. After that, the executor has no authority.
Anyone that is of legal age can be an executor.