Legal Question in Wills and Trusts in Ohio

Annuities

Our annuities that are POD considered part of the estate that the lawyers fees are paid off of?


Asked on 6/13/07, 3:32 pm

1 Answer from Attorneys
Nancy Fioritto Patete Nancy Fioritto Patete, Esq.

Re: Annuities

Annuity payouts are not included in probate assets. An executor can take a fee which is a percentage of the probate assets Attorney's fees are separate from this and are normally based upon the work performed in administering an entire estate, but not necessarily on a percentage basis.

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Answered on 6/13/07, 4:06 pm


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