I do probably a half dozen probates per year, and it is rare that an executor charges for it.
One exception that you may find interesting: When folks go to a nursing home, the government pays for it under Medicaid, if the folks can't pay. A lien accrues against their real estate, but nothing is done about the lien until both of the couple dies.
As you can imagine, the lien can amount to far more than the value of the property. So when the folks die, no one has any incentive to do a probate. So the guvment makes the heirs an offer: find an attorney to do the probate, and sell the house. Guvment will pay for the lawyer, pay the executor for his services, and split up to 10% of the sale price among the heirs.
I've done 2 or 3 of these. Talked to the guvment person on the first one, and she said its far cheaper (and less risky) to farm out the probate and give away part of the value of the property than for the guvment to do it themselves.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
... [Read Article]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.