Q: My husband passed Nov 19 2021Until Mar of 2022 I paid expenses for bills he owed, then reimbursed myself, do I get 10%
I know 2.5 is for cash received & bills dispersed, do I count 10% for what I paid until there was money in the estate account
A: No, you will only receive 2.5% on money received by the estate and 2.5% on money paid out of the estate. The confusion may arise from the 10% commission mentioned in OCGA 53-6-60(b)(3). The commission mentioned in that statute is payable to the executor or administrator in the event that money loaned by the estate to 3rd parties makes interest. As an example, if you set up a certificate of deposit for the estate that makes 5% interest, and the bank pays $500 in interest over the course of the probate, you would be entitled to $50 of that interest prior to distribution to the heirs or beneficiaries.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
