It’s hard to find good help, especially when you’re dead. Choosing an estate’s executor, the person who carries out the terms of a will, is a fraught decision, and whether you tap a friend, family ...
A. It seems you’re trying to determine how the executor fee, also called the corpus commission, is set. In New Jersey, the fee is 5% of the first $200,000 of assets taken in by the executor, 3.5% of ...
Q. My parents died five months apart. I am the executor. How is the executor fee calculated fairly? A double fee sounds too much even though it’s so much work. A ...
Add Yahoo as a preferred source to see more of our stories on Google. It’s hard to find good help, especially when you’re dead. Choosing an estate’s executor, the person who carries out the terms of a ...
The executors of Jack Kent Cooke's estate deserve about $37 million in fees because managing the estate has been complicated and because they worked hard to get the best prices for his assets, an ...
Dear Savvy Senior: What options can you recommend for finding a good executor for my will? At one time I thought one of my two kids could do it, but they are both financially inept and would probably ...
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 ...
Question: “What is the penalty for a highly sophisticated financial adviser getting his elderly client to name him as co-executor in his will where he will be entitled to a fee of $23,000? Is this a ...
In a recent New York surrogate court decision, according to documents obtained by The Wall Street Journal, the court awarded the executors of Leona Helmsley’s estate $100 million in fees, to be split ...
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