Attorney Thomas B. Burton discusses access to safety deposit boxes and how you can ensure that your Trustee or Personal Representative has access to your safety deposit box after you die. Transcript of Video: How Do I Access Someone’s Safety Deposit Box After They Die? Today's question how do I access the safety deposit box of someone after they've died so I get this question a lot and I answer questions on various online forums and this just came across my desk the other day
Reader Question: Does the executor of an estate get paid for their work? Attorney Thomas B. Burton Response: A: Yes, in Wisconsin we call the Executor of an Estate under a Will a "Personal Representative" and the Personal Representative is entitled to 2% of the inventory value of the property for which the personal representative is responsible, less any mortgages or liens plus net principal gains for their services, subject to approval by the Court. See Wisconsin Statute 857
Below is a recent question that I responded to on Avvo.com. If you a question, please feel free to submit it for a future Q&A series or video blog post. #Probate #TransferbyAffidavit #ProbateEstate #PersonalRepresentative #HowtoCashaCheckMadeouttoanEstate
Attorney Thomas B. Burton explains what percentage of your estate your Personal Representative (the person in charge of administering your estate after your death) is entitled to receive as a fee for their services under Wisconsin Law. A Personal Representative is the person you choose in your Will to administer your estate after your death. If you die without a Will and a probate is necessary, the Court will appoint someone to act as Personal Representative for you. If you
In my blog, I am going to try to cover some common questions many people have regarding estate planning and other areas of the law. For this post, I decided to start with the most basic and most well-known estate planning document…the will. I hope this post answers some questions you may have so that you can make better informed decisions regarding your own estate plan. In simple terms, a will is a legal document that says what you want to happen to your “stuff” when you die.