Thursday, May 04, 2017

LawFact of the Day: Wills and Estates

Here is your daily LawFact from Wise Law for Thursday May 4, 2017.

Today we are talking about Wills and Estates.

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.
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- Garry J. Wise, Toronto
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