Do Executors Get Paid?

executor services payment

Executor compensation varies based on several factors, including state laws, the complexity of the estate, and the executor’s relationship to the deceased. 

How To Organize An Estate Sale

estate sale organizer working on the sale

An estate sale is a comprehensive liquidation of a person’s belongings, typically held when they are downsizing, relocating, or handling the estate of a deceased loved one.

How Long Does an Executor Have To Sell a House?

Selling a House as The Executor Header

When settling the affairs of a deceased individual, one of the critical tasks for the executor is selling any property owned by the estate, particularly a house. However, selling a house as an executor involves various legal and logistical considerations, leading to a common question: How long does an executor have to sell a house?  […]

How Long Does the Executor Have to Pay the Beneficiaries?

executor timeline

When someone passes away and appoints an executor in their will, beneficiaries often wonder how long it will take to receive their inheritances. The timeline for paying beneficiaries depends on various factors and involves several responsibilities and tasks that an executor must complete. In this article, we’ll explore the executor’s primary responsibilities, the tasks that […]

How To Calculate Executor Fees

calculating executor fees

When you’re appointed as executor of an estate, you take on a significant responsibility. In addition to managing the distribution of assets and settling debts, you may wonder about compensation for your time and effort. Executor fees are a crucial aspect to consider.  This guide will explain how to calculate executor fees, helping you understand […]

Does Spouse Automatically Become an Executor of Estate?

Is Spouse Automatically Executor of Estate?

Losing a loved one is a time filled with emotional challenges, often accompanied by a range of legal and financial responsibilities that require attention. One common assumption is that a surviving spouse automatically becomes the executor of the deceased’s estate. While this can be the case in some situations, it’s essential to understand the role […]

Can a Felon Serves as an Executor of Estate in Texas?

Can a Felon Be an Executor of Estate in Texas?

In Texas, an individual’s eligibility to serve as an executor of an estate is subject to specific legal requirements and restrictions. Here are the basic requirements and special rules on who can serve as an executor of estate in Texas: What is an Executor of Estate? An executor of estate plays a pivotal role in […]

Why is Estate Planning Important?

estate planning and trust

Estate planning is a crucial financial and legal process that often takes a backseat in people’s lives. However, responsible financial management is a vital aspect that can significantly impact your family’s future and economic well-being. This blog will discuss the significance of estate planning. What is Estate Planning? Estate planning is a strategic process aimed […]