Legal Question in Wills and Trusts in Ohio
executor expenses
I've bee appointed an executor of an estate, but I need to know if I get reimbursed for ''OUT OF POCKET'' expenses plus my executor fee? And how would I get it?
Asked on 3/30/09, 5:20 pm
1 Answer from Attorneys
Elizabeth Schmitz
Elizabeth S. Schmitz Attorney at Law
Re: executor expenses
It depends on what type of out of pocket expenses you are talking about.
If you hire an accountant to prepare taxes or incur expenses in maintaining probate property those expenses are legitimate expenses and can be paid from the estate checking account.
Answered on 3/30/09, 9:33 pm