Executor Questions

What is the name of your state (only U.S. law)? New York

As the Executor of the Will I will receive a mean of 4%. Will I get a mean of 4% of both the Trust and the Estate or just one of them?

Can the executor appoint a co-executor due to the amount of work involved or would that have been something that the recently deceased should have done? And if so, then does the co-executor get another mean of 4% for themselves?

Is it true that in New York State that if the beneficiary although not allowed to collect on the trust until of age that is stated in the Will, that he/she is entitled to $15,000.00? If so, then can the executor object to this? Why or why not?What is the name of your state (only U.S. law)?

Q: As the Executor of the Will I will receive a mean of 4%. Will I get a mean of 4% of both the Trust and the Estate or just one of them?

A: Is the trust testamentary or inter vivos?


Q: Can the executor appoint a co-executor due to the amount of work involved or would that have been something that the recently deceased should have done? And if so, then does the co-executor get another mean of 4% for themselves?

A: If you want to do such (and I never think it is a good idea), then you need permission of the court.



Q: Is it true that in New York State that if the beneficiary although not allowed to collect on the trust until of age that is stated in the Will, that he/she is entitled to $15,000.00? If so, then can the executor object to this? Why or why not?

A: Who told you this and what statutory authority did he/she/it cite?

Executor Question

This is a Testamentary Trust.

I'm not sure of where he/she cited that but I will find out.

Generally, all the answers will be found in the documents themselves.

Obviously, it would be good to get a court order approving your actions before they were done.

Executor Question

Thank you!

mmkay4 said:

Thank you!

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Prior court orders are fireproof protections for executors!