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 ...

As might be expected the subject of executor’s fees arises as a regular topic when administering an estate. Some family members, not wanting to deal with dissention in the ranks or believing their ...

Probate is the legal process through which a deceased person's estate is managed and distributed. When someone passes away, their assets, which include properties, possessions, and finances, are not ...

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 fiduciary’s failure to disclose material facts to beneficiaries may violate their fiduciary duties. A recent Texas court’s decision outlines the fiduciary’s risks that come with the obligation to ...

As discussed in a previous blog, prior to an executor making distributions from an estate he/she must produce an accounting which the beneficiaries of an estate are entitled to review. Provided that ...

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 ...