executors

Choosing an Executor in Pennsylvania | Executor Compensation and Fees

May 29, 2012

Consider Compensation When Choosing an Executor in Pennsylvania When choosing an executor for your Pennsylvania estate, keep in mind that the executor is entitled to compensation for the work that they do on behalf of the administration of the estate. Executor Fees in PA Generally Include: 2.5% of the assets of the estate that …

Co-Fiduciaries as Executors of Pennsylvania Estate or Guardianship

May 28, 2012

By Dave Frees

Co-Fiduciaries as the Executors of an Estate, Trust, or Guardianship in Pennsylvania In some instances, you may have difficulty selecting an executor of your estate or successor trustee for your trust or guardianship, or you may want to have a family member involved but still have the assurance of utilizing a bank or trust company. …

Pennsylvania Probate and Executor Responsibilities | Estate Planning

May 17, 2012

By Dave Frees

Executor Responsibilities in Pennsylvania Probate After the owner of an estate dies, an executor is appointed or selected to manage certain responsibilities of the estate, and such executor responsibilities can include: setting up an estate bank account that will hold money owed to the Testator, such as paychecks or stock dividends; utilizing estate funds to …

Executor Responsibilities in Pennsylvania Probate | Estate Planning

May 17, 2012

By Dave Frees

Executor Responsibilities in Pennsylvania Probate In Pennsylvania probate, an executor is essentially responsible for: finalizing someone’s financial and legal affairs; protecting property and assets; ensuring that debts and taxes are paid; and transferring the remainder to those who are entitled to it. Although it is not legally required that executors have a financial …

Your Worst Nightmare…… A Bad Executor

January 18, 2012

By Dave Frees

Picking an executor is a critical part of any sophisticated or even simple and effective estate plan. Having the wrong executor or someone that does not fully understand your wishes can wreak havoc on your estate’s administration and more importantly on the execution of your wishes. In fact, other than the decision to create and …

Estate Administration 101

August 7, 2011

By Dave Frees

For Executors and Maybe Trustees Losing a loved one is hard. But if you’re an executor or trustee hopefully this step-by-step guide to Estate Administration will ease the burden of knowing the business of what to do when a close family member or friend dies. Whether or not your loved one has a will or …

Limited Step-Up In Capital Gains Tax Basis In 2010

May 3, 2010

By Douglas L. Kaune

Although there there will likely be no federal estate tax in 2010, the beneficial “step-up” in capital gains tax basis on property owned by a decedent at death, is now limited to $1.3 million. The limited “step-up” may be allocated among the decedent’s assets by the Executor or Administrator unless otherwise directed in a decedent’s …

Pennsylvania Inheritance Tax Is One Of Many Death Tax Systems At the State Level

April 20, 2010

By Douglas L. Kaune

Pennsylvania, through its Inheritance Tax, is one of many states that applies a death tax upon the estates of its deceased residents and real property owners. I think it is interesting and important to know about the other state death tax systems. Check out this site for a review of how Pennsylvania and all …

IN RE: ALICE G. NOVOSIELSKI: PA Supreme Court Rules On Joint Account Case

April 9, 2010

By Douglas L. Kaune

IN RE: ALICE G. NOVOSIELSKI: PA Supreme Court Rules On Joint Account Case MARCH 25, 2010. The Supreme Court of Pennsylvania overturns the Superior Court on appeal. I think the Supreme Court got this one right. You can read the entire Novosielski Case here, but the general ruling is that accounts made joint by …

Executor and Attorney Fees For Probate In PA

January 23, 2010

By Douglas L. Kaune

Executor and Attorney Fees and commissions For Estate Administrations and Probate in Pennsylvania (PA). This is often a mysterious topic for many who find themselves involved in an estate administration as executor or beneficiary in PA. There is not a perfect answer as to what the executor , attorney and probate fees will be in each case, …

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Choosing an Executor in Pennsylvania | Executor Compensation and Fees

Co-Fiduciaries as Executors of Pennsylvania Estate or Guardianship

Pennsylvania Probate and Executor Responsibilities | Estate Planning

Executor Responsibilities in Pennsylvania Probate | Estate Planning

Your Worst Nightmare…… A Bad Executor

Estate Administration 101

Limited Step-Up In Capital Gains Tax Basis In 2010

Pennsylvania Inheritance Tax Is One Of Many Death Tax Systems At the State Level

IN RE: ALICE G. NOVOSIELSKI: PA Supreme Court Rules On Joint Account Case

Executor and Attorney Fees For Probate In PA

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