Legal Question in Wills and Trusts in New Jersey

Is the executor fee based on the value of the house or what the house sold for?


Asked on 10/01/10, 9:01 am

1 Answer from Attorneys

Robert Davies The Davies Law Firm, P.A.

If the house is sold, then the sales price. If not sold, then 'value'.

Let me say that you seem to have some assets to take care of, and this can be a problem if you do not handle things correctly. You may have some real problems doing this without assistance.

If you do not have an attorney, you should hire one. If you have an attorney and he/she did not answer such a basic question, then....get another attorney who will. Like me!

Give me a call, make an appointment to come see me, and let's get moving on this for you.

Robert Davies, Esq. 201-820-3460

My contact information can be obtained from the links below, just click on the Attorney Profile link. Let my secretary know you found me through LawGuru.

Please keep in mind that my response is just a general comment on your question, and not legal advice. Your question and any response does NOT create an attorney-client relationship between you and this law firm. The exact details of your situation and things that you have not mentioned in your question can completely change the answer to your question. You can not rely upon what I have written, because I do not have all of the information that I need to advise you, I only have the very small amount of information that you put into your question. For me to give you any legal advice, I would need for you to hire me to be your lawyer, and then we would need to discuss this in detail and go over the documents.

To get legal advice that you can rely on and use, please contact me directly. I would be happy to assist you.

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Answered on 10/06/10, 9:11 am


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