Question by Juspopinin: Who pays the Attorney's fees related to settling an estate when there is a Recocable Living Trust involved?
Would the Attorney's fees be paid by the new trust for the benefit of the Surviving Spouse? The trust of the Deceased?
-OR- Out of the surviving spouses's personal pocket?"
Would the Attorney's fees be paid by the new trust for the benefit of the Surviving Spouse? The trust of the Deceased?
-OR- Out of the surviving spouses's personal pocket?"
-How could the money come out of the estate before the new trusts were created? The costs were incurred during the closing of the old trust and the creation of the new trusts. The bill rolled in a month later.
Best answer:
Answer by STEVEN F
Attorney's fees for ANY estate are usually paid by the ESTATE. They would come out BEFORE the trust is created. In most cases, they take priority over any debts owed by the estate.
Add your own answer in the comments!
Orignal From: Q&A: Who pays the Attorney's fees related to settling an estate when there is a Recocable Living Trust involved?
No comments:
Post a Comment