What Are the Various Costs Involved in Settling a Decedents Affairs?
Upon the death of any person, some or all of the following costs may be payable to settle the decedent’s affair: (a) probate fees; (b) fees of an executor or administrator; (c) attorneys’ fees; and (d) taxes, state or federal. Probate fees and taxes due are faxed by law.The fees of an executor or administrator and of an attorney are based upon the work efforts of each and are subject to the approval of the Probate Court. Often, members of the family are willing to serve for little or no compensation.