What commissions are an Executor or Administrator entitled to?
An Executor or Administrator of a decedent’s estate is entitled to a commission. The job of the Executor or Administrator is to gather all the assets of the decedent, pay the liabilities, and distribute the funds according to the decedent’s Last Will & Testament or according to the intestacy rules of New York. The executor […]
Who has priority to act as Administrator of an Estate?
If a person dies without leaving a Last Will & Testament, that person is said to have died intestate. To learn more about who would inherit according to intestacy, read “What Happens if I Die without a Will?” When a person passes away without a will, a person needs to be appointed to marshal the […]