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The Essential Executor’s Handbook by David G. Hoffman

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Chapter 13

What’s in It for You

The settlement of the vast majority of estates (all four of them) takes most people at least a year and manages to siphon off countless hours of your life in the process. The problems, the deadlines, and the stress are often palpable. As a result, the Law of Estates and Trusts has long recognized your right to compensation. And, as we shall see in this chapter, there are a number of ways your pay can be calculated and a number of ways for you to take it.

That being said, when it comes to what you get for your efforts, there are two schools of thought: yours and the beneficiaries’. It has been my experience that, to a beneficiary, all of your hard work does not appear to be all that hard. It is not unlike the old ...

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