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re: Spouses involved in succession
Posted on 9/6/17 at 7:57 pm to baldona
Posted on 9/6/17 at 7:57 pm to baldona
quote:
My mom is the executor of her sister's estate that is paying for my aunt's kids 'higher education'. We are talking crap like beauty school, some juco, mechanics school, etc for like 6 kids. What a mess. Good on my mom, but goodness I don't know why she volunteered for that headache.
Your mother is entitled to draw a fee for administering the estate. If she is (or the estate is) in Louisiana and a reasonable fee was not agreed upon between your mother and her sister she is able to receive 2.5% of the total value of the estate for her service.
Posted on 9/6/17 at 11:05 pm to Martini
Wow 2.5%
This post was edited on 9/6/17 at 11:19 pm
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