WebSame shall remain held in escrow pending further agreement of the parties and/or ... the trustee sold the property to defendants. The deed named the half-sister, the fiduciary of the trust, as grantor and defendants as grantees and was recorded on March 31, 2015. ... judgment released funds from the proceeds to pay the executor, each sibling ... Web- Executor may waive the executor's statutory commission under O.C.G.A. § 53-6-60(g), but a mere statement that the executor's commissions are waived is not sufficient to waive the statutory right; to bind the executor to a waiver of the executor's rights to a commission, there must be a binding contract with consideration.
How to choose who is executor for estate or gets powers of attorney - CNBC
WebThe personal representative is a fiduciary. SC Code § 62-3-801. This means that they must perform their duties with the utmost honesty and care and with the best interests of the … WebFeb 26, 2024 · An executor and trustee are both fiduciaries in an estate plan, but they have a legal obligation to a different set of interests. The trustee has a fiduciary duty to a trust and is responsible for distributing trust assets, while the executor manages an estate and distributes estate assets according to the last will and testament of the deceased. hubbub club
Fiduciary vs Executor - What
Webor executor should charge for their non-lawyer services in a way that is demonstrably fair and reasonable, particularly when the question of the lawyer’s role as fiduciary arises after the commencement of representation. Consideration of typical charges made by non-lawyers performing in the same roles may be appropriate. WebMar 5, 2024 · Here are tips to consider for choosing the executor of your estate, as well as the individuals you give powers of attorney for your finances and medical care before you die. watch now VIDEO 1:05 01:05 hogshead wolverhampton menu