Trust document was interpreted to give grandchildren all of the trust income following their mother’s death, even though document provided for shares of income to other persons who predeceased the mother and directed that upon the death of an income … Continue reading
Tag Archives: Attorney fees
Large transfers shortly before the death of the decedent into joint accounts with the decedent’s daughter, arranged by the daughter while the decedent was gravely ill, could not have been an intentional act of the decedent, and was the product … Continue reading
Guardian compensation of more than $50,000, and legal fees of more than $15,000, approved out of an incapacitated person’s estate of approximately $1,300,000 for extraordinary services over a ten month period, including two medical procedures, maintenance and sale of the … Continue reading
Objections to executor commission and legal fees denied when executor-lawyer who was one of three executors claimed commission of $70,000 and legal fees of $90,000 out of estate of almost $10 million. Keller Estate, 7 Fid.Rep.3d 90 (O.C. Montgomery Co. … Continue reading
Orphans’ Court is unable to rule on objections to the $120,000 in fees paid to deceased lawyer-executor in the absence of evidence of time spent, services rendered, or hourly rates; son (also a lawyer) who had attempted to complete the … Continue reading
Executor commissions and attorney fees paid to deceased lawyer who did not complete administration of estate were reduced by fees paid to accountant, and further reduced from $121,000 (more than 5% of $1.16 million estate) to $44,000 to apply different … Continue reading
Mother used Uniform Transfers to Minors custodial funds to purchase a home in her own name. Although children lived in home for at least part of the time, mother was ordered to pay over to the children the entire proceeds … Continue reading
Attorney for administrator of estate held to be secondarily liable for surcharge against administrator for failing to make distribution to estate of deceased beneficiary; appeal not timely and should be quashed. Estate of Thomas Brawner Sr., 6 Fid.Rep.3d 386, No. … Continue reading
Surcharge imposed against trustee for more than $600,000 for “reimbursements” to herself, but surcharge for failure to properly invest funds denied because the testimony of the expert witness was speculative and simplistic and lacked a solid foundation. In addition, punitive … Continue reading
Executors surcharged for sale of estate property to a son of one executor, for expenses paid to the purchaser of the property for “cleanup” of the property 20 days before the sale, for distributions of automobiles contrary to the provisions … Continue reading