|By Practice AreaBankruptcyChild CustodyCriminal LawDivorceFamily LawLabor & Employment LawMedical MalpracticePersonal InjuryReal EstateTaxationWills & ProbateMore...||By Life EventsGetting a DivorceWrite a WillBankruptcy, Credit and DebtHome Disaster RecoveryLosing a JobLandlord TenantAutomobile AccidentPrivacy ViolatedCare for an Aging RelativeIdentity TheftHot Topics on Lawyers.comMore...||By LocationCaliforniaFloridaGeorgiaIllinoisMichiganNew JerseyNew YorkOhioPennsylvaniaTexasWashingtonMore...|
|Ask a LawyerAsk a QuestionLatest Answers from LawyersFamily Law AnswersCriminal Law AnswersBusiness Law AnswersBankruptcy AnswersImmigration AnswersSearch All Answer Topics||Legal ForumsBankruptcy ForumBusiness ForumCriminal ForumEmployment ForumFamily ForumImmigration ForumReal Estate ForumAll legal Discussions||Lawyer BlogsPersonal Injury BlogAutomobile Accidents BlogAdministrative Law BlogCriminal Law BlogFamily Law BlogDivorce BlogMore Lawyer Blogs...|
Q. Can an executor sell the home in the estate to a co executor at a discount without approval from the beneficiary?
A. The last time I visited that subject here in Allegheny County, an executor needs to seek court approval to purchase real estate owned by an estate. It is a conflict of interest for the executor to sell realty to himself or herself. If the beneficiary is in agreement with it, and the agreed upon sales price is not ridiculously low,... Read More
Q:I have heard that if I die without a will, the government takes all of my money and property and my heirs receive nothing. Is this correct?
A: Absolutely not, but you would be surprised how many people think so. If you have a valid will at the time of your death, your property and money will pass to whom you name as heirs in the will. This is of course after all estate taxes and expenses are paid. If you die without a will, your property and money will pass... Read More
The Florida Bar states: "The personal representative, the attorney, and other professionals whose services may be required in administering the probate estate (such as appraisers and accountants), are entitled by law to reasonable compensation.
The personal representative’s compensation is usually determined in one of five ways: (1) as set forth in the will; (2) as set forth in a contract between the personal... Read More