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How do executor fees work if the estate is insolvent? | NC

Pierce Law Group

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Q: How do executor fees or commissions work when the estate is insolvent and the main asset is being sold to pay secured debt? A: In an insolvent estate, executor commissions are not automatic. They are typically reviewed and allowed by the clerk as part of the executor’s accounting—and they generally can only be paid from estate money that is actually available after higher-priority obligations…

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