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. 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 ...
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 ...
Sometimes clients suggest ideas that lend themselves easily to columns. This column resulted from a comment by a client who had been asked by a relative if he would be willing to serve as executor of ...
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 ...
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