A fiduciary’s failure to disclose material facts to beneficiaries may violate their fiduciary duties. A recent Texas court’s decision outlines the fiduciary’s risks that come with the obligation to ...

Q. My parents died five months apart. I am the executor. How is the executor fee calculated fairly? A double fee sounds too much even though it’s so much work. A ...

A. It seems you’re trying to determine how the executor fee, also called the corpus commission, is set. In New Jersey, the fee is 5% of the first $200,000 of assets taken in by the executor, 3.5% of ...

Question: “What is the penalty for a highly sophisticated financial adviser getting his elderly client to name him as co-executor in his will where he will be entitled to a fee of $23,000? Is this a ...

The executors of Jack Kent Cooke's estate deserve about $37 million in fees because managing the estate has been complicated and because they worked hard to get the best prices for his assets, an ...

Jacob Schmalzle, founder of Spirit of Service in Winter Garden, Florida, shares the truth behind common misconceptions ...

Effective planning should ensure available cash flow and secure financial conditions for surviving spouses, preventing family ...

In a recent New York surrogate court decision, according to documents obtained by The Wall Street Journal, the court awarded the executors of Leona Helmsley’s estate $100 million in fees, to be split ...

Can an Executor Be a Beneficiary? The short answer to the question of whether an executor of a will can be a beneficiary is yes. Serving as an executor of a will involves significant time commitment ...