What are the duties of an executor in Pennsylvania?
The basic outline of the duties of a PA Executor include the following: 1. Notice of Probate. Prepare a Notice of Probate for each beneficiary of the Will and each heir-at-law and next-of-kin. File within 60 days after probate. Send a Proof of Mailing to the Register of Wills within 10 days of filing.
How are executor’s fees set in Pennsylvania?
While executors’ fees are set by statute in many states, the “PEF” Code (the Pennsylvania Probate, Estates and Fiduciaries Code) provides only that a personal representative’s compensation shall be “reasonable and just” – based upon the specifics of each estate – and that it “may” be calculated on a graduated percentage.
How long does an executor have to file an inventory in Pennsylvania?
In Pennsylvania, an executor has six months from the date of the decedent’s death to file the inventory with the Register of Wills. Read More: Does an Executor of an Estate Have to Give an Inventory of Assets to the Heirs? Notifying Creditors and Heirs
How do I file a will in Pennsylvania?
In Pennsylvania, an executor must submit a will to the Register of Wills in the county where the testator resided. If the will is determined to be valid, the Register of Wills issues letters testamentary to the executor. This document gives the executor the authority to act on behalf of the estate.
Can a non-resident be an executor of a will in PA?
Pennsylvania permits out-of-state residents to serve as executor and it does not impose any special requirements on them. That said, it also allows the register of wills to „refuse letters“ to a nonresident. (20 Pa. Cons. Stat. Ann.
What is the difference between an executor & testator?
An executor is the person named in a will who handles the estate of a deceased person, called the „testator.“ Usually, the testator names a spouse, adult child, friend or relative as executor. If the primary named executor cannot serve, most wills name one or more alternates.