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.
Wednesday, April 20, 2016
LawFact of the Day: Wills and Estates
Here is your daily LawFact from Wise Law for Wednesday April 20, 2016. Today we are talking about Wills and Estates.
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.
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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Posted by Joy on Wednesday, April 20, 2016
Labels: @wiselaw, Estate Trustee, LawFact, Legal Advice, wills and estates
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