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You are the executor of your fathers will and the guardian of your mother who is disabled may you charge an executor fee yearly?
The purpose of an executor is to distribute the assets of the decedent. Once an estate has been settled and the property distributed there should be a final account filed and the estate will be closed. An executorship is not for an indefinite, ongoing period. As guardian of your mother you are not an executor. If you are the court appointed guardian of your mother you may be entitled to payment for your services that would be paid from the assets of the ward. The link below will provide some information regarding guardianships, obligations and compensation. However, the statute is under the law of Maine. You should check the law in your own jurisdiction.
What else can I help you with?
Must an executor charge a fee?
No. They can choose to not charge a fee but that is up to the executor.No. They can choose to not charge a fee but that is up to the executor.No. They can choose to not charge a fee but that is up to the executor.No. They can choose to not charge a fee but that is up to the executor.
What fee can an executor of an estate charge in NM?
what is a reasonable executor fee in new mexico
Who does the Executor answer to?
Ultimately the Executor is the person in charge however all decisions made will be answerable to the beneficiaries.
What is the name of the person in charge of a family estate?
Executor
What is it called when you are left in charge of a will?
The executor is responsible for execution of the will.
Does an executor have the final say in all that happen?
They are pretty much in charge of the estate. Only the court can over ride the executor.
How much can you charge for an executor fee in state of Maine?
five percent
I lived with my mother for 33 months prior to her death as her caretaker and paid all household expenses. Can an executor claim back rent from me?
No. While your mother was alive you were living at her home with her permission. The executor has no authority to go back and charge you rent since the executor had no authority over the property before your mother's death.No. While your mother was alive you were living at her home with her permission. The executor has no authority to go back and charge you rent since the executor had no authority over the property before your mother's death.No. While your mother was alive you were living at her home with her permission. The executor has no authority to go back and charge you rent since the executor had no authority over the property before your mother's death.No. While your mother was alive you were living at her home with her permission. The executor has no authority to go back and charge you rent since the executor had no authority over the property before your mother's death.
Should proponent of will receive executor fee in Virginia?
Yes, the executor certainly may charge for their services. The amount must be reasonable and approved by the court.
Can the executor of a will in Florida charge for doing their duties?
Yes, the maximum is proscribed by law.
How much can a court appointed executor charge?
They will charge based on the laws of the jurisdiction. And they will charge the maximum allowed under the law, but must have the court agree.
Can the executor charge rent to a person that was living in the home before the death of the owner?
Yes.
