Re: Did you or a relative charge for being executor?

Posted by John T on December 20, 2012 at 05:05:46 from (216.249.82.117):

In Reply to: Did you or a relative charge for being executor? posted by Executor of an estate on December 19, 2012 at 20:48:10:

A good portion of my semi retired law practice consists of Estate Settlement and Planning and UNFORTUNATELY Ive seen it happen way tooooooo manyyyyyyy times:

Mary lives next door to mom, takes care of her and works her tail off for years and incurs a lot of expense in doing so,,,,,,,,,,Mom dies,,,,,,,,,Big Shot know it all brother who lives in California and never came to see mom STEPS IN AND WANTS TO BE THE PERSONAL REPRESENTATIVE AND TAKES OVER AND BULLYS THE WHOLE FAMILY GRRRRRRRRRRRRRRRRRRR

That being said, the majority of my clients choose NOT to charge for their services (similar to a Power of Attorney) although a reasonable fee is permitted by law. If asked it depends on the size and complexity of the estate, a figure of 2 to as high as 10% might be in line, again it depends on many many factors and the time and effort required. ITS A LOT OF WORK AND RUNNING AROUND AND NOTTTTTTTT SOMETHING OTHERS SHOULD BE JEALOUS OF IN MY OPINION. Usually an heir or the person named as personal representative in a Will comes to me and I might take the job as attorney for the estate (I ONLY do unsupervised estates, if supervised my fee would like double). Then I gather some info and give the personal rep a detailed laundry list of documents and items I need and give them a detailed "to do" list. Once all is ready I file the petition in court and all the legal mumbo jumbo and work is done and after maybe 6 months to a year the estate is settled and closed. Most of the work is in the beginning and less at the end. Many local attorneys dont practice in this area, its a lottttttt of time and legal paperwork and several hundred up to a few thousand dollars (if smaller estates) is merely pocket change for them lol, they dont want to fool with such menial tasks, but hey Country Lawyer Ol John T will, pays for my RV escapades lol.

CONSULT A LOCAL COPMETENT TRAINED PROFESSIONAL ESTATES ATTORNEY and dont hang your hat too much on what know it all brother in law or Billy Bob and Bubba and other non professionals tell you what to do is my best free professional advice

Remember "A living person has no heirs"

Best Wishes, God Bless, and Merry CHRISTmas (despite the far lefts anger, its a Federal Holiday also wooooooo hooooooooo)

John T Country Lawyer

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