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What if there is 2 executors Do they split the fee or do they each get 5 percent of the money?
Wiki User
∙ 13y ago
Depends on the agreement.
Wiki User
∙ 13y ago
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How do i split 28 equally?
28 can be split equally into: 2 equal parts of 14 each 4 equal parts of 7 each 7 equal parts of 4 each 14 equal parts of 2 each
What would 5 percent interest be on 15000 for 10 years?
If interest money will be added to to invested money each year, the result will be 15000x(1+0.05)^10=24,433.42 (rounded) If interest money will not be added to to invested money, the result will be 15000x(1+0.05x10)=22,500
How can you split 500 dollars between 3 people?
To split it exactly - each would receive 166.66 each - with 0.01 left over
Can you split 23 into equal groups?
Well, it depends on how many groups. It can't be split into whole groups because it is a prime number. But it can be split into 2 groups wit 11.5 in each Hope this helped =)
How do you split 27 evenly among three people?
Yes, nine each.
In the state of NJ if there are 5 executors do they split the executor fee or is each paid a separate fee?
In New Jersey, 1% of the estate is added to the usual percentages for one executor for each additional executor. They split the total commission equally unless there is an agreement among them to split it in some other proportion. In an estate of about $100,000, the usual commission is 5% for one executor. If there are two executors, the commission would be 6%, with each entitled to 3% unless they agree to a different split. This answer is for informational purposes only and not to be taken as legal advice.
How can you evenly split moms personal belongings?
Perhaps the best way, is to sell them all and then split the money. You can each choose a few items that mean alot to your both, but the classic way to prevent family disputes in this area is to sell everything and split the money.
How much money does the 1 percent make each year?
roughly $6,000,000,000,000
Jenny has thrice as much money invested in 15 percent percent as she invested at 12 percent percent if she gets 51300.00 from both investment how much did she invest at each rate?
jenny has thrice as much money invested in 15% as she invested at 12%. if she gets 51,300.00 from both investment how much did she invest at each rate?
If 5 people split 9 dollars how much money would each person get?
9x5=45 pieces of candy
If five people split 4 dollars how much money would each person get?
They would each get 4/5 of a dollar, or 80 cents. That's a baby question.
If there are two executors of an estate what fee do they receive?
In my case, the probate lawyer recommended the executor's fee to the judge. It was a percentage of the estate. Two executors would have received half of that amount in this particular jurisdiction. In other areas different criteria apply. No one should write a will with two executors. It is so much easier for one person to fill out forms and get stuff done. One person can write a check and divide a bank account between two people. One person can sell a piece of property and sign the deed. One person can split a stock account between two people. One signature is a whole lot easier to get than two signatures, especially when the other person is on an all around the world vacation and did not tell her brother where she was going.
What happens in the UK when two executors do not agree?
When co-executors cannot agree then they each need to have their own attorney (or solicitor) and then allow the attorneys to complete the proceedings. Generally, an attorney will not allow the client to impede the process unnecessarily. Generally, the attorneys will be paid by the estate so it benefits the estate for the co-executors to act reasonably and responsibly to preserve the assets that will eventually pass to the beneficiaries.
Two executors were named in the Letters Testamentary. Does this mean executors must act together all the time?
Generally, that means they must work together unless the will grants the power to act independent of each other. In practice, two executors acting independently of each other is a bad very idea unless they get along and communicate extremely well. Some estate tasks could be delegated to each one of the co-executors but both should sign legal documents such as deeds. Acting independently would make it difficult to maintain records, to do an accounting and to keep abreast of the status of the probate process. However, laws vary from state to state. You should ask the attorney who is handling the estate.
. The bank earns 10 percent on commercial loans and 12 percent on home loans. What amount of money should be allotted for each type of loan to maximize the interest income?
All of the money into home loans of course.
How much money is 10 percent state tax in New Hampshire?
10 cents per each $1.00
Weights are fixed values given to the 7 sectors of the CPI to determine the percent of money spent in each area?
relative weights
