What is the percent that the administrator is allowed to take from estate?
Generally, it is 3% of the total assets. It is not a salary. This must be shown in the accounting.
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Generally, it is 3% of the total assets. It is not a salary. This must be shown in the accounting.
There must be a formal accounting if the heirs disagree with an informal accounting. You are entitled to know where all of the assets went.
they needed legal advice before doing that to qualify for Medicare. There are ways to qualify, but one must be careful and do things properly. ...
you need a tax ID number for an estate and an estate account. The administrator must file final 1040s and a 1041 (estate income tax return. You...
Of course you can have an attorney - the estate should pay IF the court finds that your brother has not been acting in a fiduciary manner. As a...
It is the law in each state that a Will MUST be filed in probate - even if there are no assets to go through estate administration. Only a court...
This family should consult a competent estate attorney to get their facts straight. There are several ways to handle a situation like this what...
If you were adopted, you are not entitled to anything from your "biological family" unless you are named specifically as a beneficiary. You are a...
You should contact the attorney who wrote the medical proxy
If your mother had a will disinheriting your brother, he will not receive shares. If her wish was only oral, it doesn't count. If your mother had...
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