Thursday, January 12, 2017

LawFact of the Day: Wills and Estates

Here is your daily LawFact from Wise Law for Thursday January 12, 2017. Today we are talking about Wills and Estates.

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An estate trustee is entitled to be paid for the work they do on behalf of the estate.

The compensation is 2.5% of each transaction in and of of the estate, and 0.4% of the average value of the estate for each year they act as trustee.

- Garry J. Wise, Toronto
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