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 ...

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. 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 ...

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 ...

Dear Liz: A lifelong friend has made me executor of his will. He has one brother who is named in the will only to be told that he is not included. My friend’s estate is left to two other lifelong ...

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 ...

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 ...