Joel Schoenmeyer offers some exceptionally practical and useful advice for executors, administrators or trustees concerning compensation. He notes that many family members initially volunteer to serve as fiduciaries but wind up frustrated: “I wasn’t planning to pay myself, but my parent/siblings have been so annoying and I’ve put in so much work that I want to get paid!”

So what should you charge? That depends. You’ll want to read his post on the Death and Taxes blog to get the details. But I particularly like this piece of wisdom: Read the rest of this entry »

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