A $ 1000.00 question

[saundra007]

From the state of Ky:

Seems like I read something that stated the adminstrator of the estate can Get or take $1000.00 out of the banking accound of the estate?

Someone please clean me up on this. Thanks

 

[RINKER]

The executor, the personal representative and the trustee, (all in one) can take anything they want from that trust. Believe me, after $80,000 in attorney's fees, I was niave to think an attorney would defend the grandchildren and me. Read, but be careful how you interpret what you read. Words are conveniently twisted to get ones way in a court of law, and if the judge doesn't like the way you look, you will never see anything. I know from experience.

 

[rmet4nzkx]

From the state of Ky:

Seems like I read something that stated the adminstrator of the estate can Get or take $1000.00 out of the banking accound of the estate?

Someone please clean me up on this. Thanks

Administrator's of an estate are allowed to pay necessary bills and also entitled to a fee, go to the website for the county in which your mother died, to the probate court website and see if your son has even opened up a probate case and when the inventory is due, If your mom died in the end of December most likely the inventory will be due about 60 days after probate was opened. Check with a probate attorney for more information.

 

[saundra007]

Thanks

Thanks you all very much, I do appreciate all your help.

Saundra007 from Kentucky

 

[Betty]

An administrator of an estate is allowed to take a fee from the estate that is reasonable in regard to the circumstances of estate - they take the fee for their services in settling the estate -- they may take more for a large estate than a small @ there would be more time & duties involved in handling & settling a large estate.