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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


How do you split 230 dollars for 3 peoples?

To split $230 among 3 people, you would divide $230 by 3. Each person would receive $76.67. This can be calculated by dividing 230 by 3, which equals 76.67. Each person would receive this amount if the money is split evenly among them.


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.


How can the monopoly money be split among the players in a fair and equitable manner?

One way to split monopoly money fairly among players is to distribute it evenly based on the number of players, ensuring each player receives an equal share. Another method is to allocate money based on each player's performance or achievements in the game. Ultimately, the goal is to ensure that all players have a fair and equitable amount of money to participate in the game.


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.


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.


. 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