Saturday, July 19, 2014

My wife and I "Wills" provide for our two sons and a local attorney to jointly act as "personal representatives" in the event we are incapab...

Question

My wife and I "Wills" provide for our two sons and a local attorney to jointly act as "personal representatives" in the event we are incapable of doing it ourselves as the "survivor". What problems if any does this lead to ??

What are usual legal fees for attorneys serving in this capacity ? Is there a schedule of fees related to estates value ??



Answer

Discuss these issues with your attorney. Having multiple personal representatives causes all kinds of problems that you may want to consider avoiding. the charges for personal representative are discussed in the statute based on value of the property. Discuss these issues with the attorney as well



No comments:

Post a Comment