Some people may feel guilty about taking money for serving as the executor of a will. This is understandable, as the people you’ll be working with will undoubtedly be grieving. (Indeed, you may be ...
Q. Our mom passed away, leaving her house to A. She left all her other assets to B, C and D. The house is appraised at $400,000. The total value of the other assets is also $400,000. All the ...
Q. If someone passes away, is the executor of the will responsible for paying off the credit card debt? What if they decide not to pay it off? - Executor, maybe A. Paying off debt is one of the most ...
Usually, the larger the estate, the more compensation the executor gets. If the estate requires the executor to draw upon special skills or abilities, he gets more compensation. Conversely, if the ...
A legal battle in New York highlights an aspect of estate planning that often gets little attention from people writing wills or agreeing to help settle an estate: the fees for the executors. The New ...
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