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effort involved, although in a number of jurisdictions, the amount is instead set as a percentage of the overall estate. For example, in
California the executor is entitled to 4% of the first $ 100K of estate value, 3% of the next $ 100K, and so on. In other countries, such as the United Kingdom, the executor is
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In some countries, such as the United States, an executor is automatically entitled to compensation for his or her services, although this amount varies dramatically by jurisdiction. Unless specifically set by the will, this compensation is often determined by what is considered "reasonable" for the
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Any person designated as an executor may choose not to administer the estate. In the UK, upon making that choice the designated person may execute a "power reserved" letter, which will allow the person to later act as executor if the person named on the Grant of
Probate is removed or is no longer
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to the estate property, but may not use the title or property for their own benefit, unless permitted by the terms of the will.
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automatically entitled to compensation, although compensation can be directed within the will or on application to a court.
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to carry out the instructions of the will. Typically, the executor is the person responsible for offering the will for
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is someone who is responsible for executing, or following through on, an assigned task or duty. The feminine form,
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if the actions do not contradict the substantive provisions of the deceased's will or the rights of heirs at law.
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are calculated, necessary forms are filed, and the corresponding payments are made. They will also assist the
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for all purposes, and has the ability to sue or be sued on behalf of the estate. The executor holds legal
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of the deceased's estate may instead be appointed. The generic term for executors or administrators is
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A person who deals with a deceased person's property without proper authority is known as an executor
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with the estate. Additionally, the executor acts as a legal conveyor who designates where the
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or other organizations. In most circumstances, the executor is the representative of the
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to the beneficiaries as designated in the will, obtaining information of potential
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An executor is a legal term referring to a person named by the maker of a
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Executor Pay: Fees for the
Executor or Administrator of an Estate
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When there is no will, a person is said to have died
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98:The examples and perspective in this article
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450:of the estate and approving or disapproving
282:introducing citations to additional sources
469:will be sent using the information left in
78:Learn how and when to remove these messages
446:, collecting and arranging for payment of
398:Learn how and when to remove this message
238:Learn how and when to remove this message
136:Learn how and when to remove this message
375:of all important aspects of the article.
272:Relevant discussion may be found on the
644:, duhaime.org retrieved 19 January 2012
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661:) governing executors of estates. Via
371:Please consider expanding the lead to
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32:Executor (disambiguation)
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37:Not to be confused with
511:personal representative
659:searchable by Province
536:to an administrator.
430:or nominated by the
278:improve this article
172:improve this article
118:create a new article
110:improve this article
100:may not represent a
30:For other uses, see
615:Alzheimer's Society
573:Executorial trustee
640:2019-03-06 at the
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684:Legal professions
679:Legal terminology
583:Literary executor
530:executor nominate
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381:January 2022
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578:Inheritance
491:de son tort
39:Executioner
673:Categories
620:25 January
594:References
471:bequests,
454:' claims.
334:March 2019
304:newspapers
293:"Executor"
228:March 2019
198:newspapers
187:"Executor"
126:March 2019
64:improve it
503:intestate
467:donations
452:creditors
416:executrix
365:summarize
274:talk page
114:talk page
70:talk page
18:Executors
638:Archived
557:See also
463:attorney
440:property
432:testator
412:executor
108:You may
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436:probate
318:scholar
212:scholar
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568:Estate
524:Under
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311:books
219:JSTOR
205:books
116:, or
622:2021
428:will
297:news
191:news
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