First, go to the Will which may state what your executor’s fee will be. If the Will is silent, North Carolina statutory law provides that you, as the executor, can receive up to 5% of the value of all personal property filed with the probate court as well as 5% of the total disbursements of…
The short answer is “it depends.” An attorney would first need to know a very important answer to the following question: “Do you have a signed Court Order?” If the answer is yes, then you need to follow the specific instructions in the Court Order. The Court’s directives can be difficult to fully understand. So,…
Not normally. A Durable Power of Attorney authorizes your agent (called an “attorney-in-fact”) primarily to conduct financial transactions on your behalf. You should execute a Health Care Power of Attorney so your “health care agent” can make medical decisions for you when you are not able to do so for yourself. While a Durable Power…