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Should Executor Accept Compensation?

Build your estate plan online! MyAdvocate is the online solution for creating and maintaining your Will and all other legally-valid estate planning documents. Click the link below to get started! https://www.myadvocate.com/join/paul -- Every last will and testament has an executor. The executor's responsibilities can be daunting: deal with all of the frozen financial accounts and creditors of the deceased; handle all of the inquiries from heirs and interested parties; work closely with the attorney to make sure all court pleadings are accurate and timely; and generally oversee all aspects of the estate settlement process. I most estate settlements involving probate, a question arises whether the executor will accept or waive the compensation that an executor is entitled to. Statutory compensation can and does vary from state to state. Some executors waive the compensation to which they are entitled. Other willingly accept that compensation. For prospective law firm clients who want to schedule a free 15 minute initial phone call with Paul Rabalais, go to: https://go.oncehub.com/Paul8 This post is for informational purposes only and does not provide legal advice. Please do not act or refrain from acting based on anything you read on this site. Using this site or communicating with Rabalais Estate Planning, LLC, through this site does not form an attorney/client relationship. Paul Rabalais Estate Planning Attorney www.RabalaisEstatePlanning.com Phone: (225) 329-2450