Can an executor’s commission be paid if the estate is insolvet?
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Can an executor’s commission be paid if the estate is insolvet?
Asked on May 1, 2014 under Estate Planning, New Jersey
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
The fee for an executor is paid out of the assets of the estate per the laws of all states in this country. If there are no assets of the estate, then there simply is no means for the executor to get paid if he or she desires.
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