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 ...
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 ...
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 ...
Can an Executor Be a Beneficiary? The short answer to the question of whether an executor of a will can be a beneficiary is yes. Serving as an executor of a will involves significant time commitment ...
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 ...
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 ...