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  • Application - Computation Of Fiduciary Fee - Tuscarawas County

Get Application - Computation Of Fiduciary Fee - Tuscarawas County

ATION OF * FIDUCIARY S FEES Executors and administrators shall be allowed commissions upon the amount of all the personal property at appraised value when not sold, or gross proceeds when sold, including the income from the personal estate that is received and accounted for by them. Executors and administrators shall be allowed commissions upon the proceeds of real estate that is sold. Total value of assets used for this computation: $ (1) For the first $100,000 at the ra.

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How to fill out the Application - Computation Of Fiduciary Fee - Tuscarawas County online

This guide provides step-by-step instructions on how to complete the Application - Computation Of Fiduciary Fee for Tuscarawas County. Whether you are familiar with online forms or new to the process, this guide aims to support your successful completion of the application.

Follow the steps to complete your application online.

  1. Click the ‘Get Form’ button to obtain the document and open it for editing.
  2. In section A, provide the case number related to the estate and fill in the total value of assets used for the computation.
  3. Calculate the fiduciary fees based on the provided rates for different asset ranges. Fill in the respective amounts for each range.
  4. In section B, enter the total value of real estate that was not sold and calculate the fee at the rate of 1%. Input this amount accordingly.
  5. In section C, provide the total value of all property not subject to administration. Calculate the fee at the rate of 1% and document this value.
  6. Finally, sum all the calculated fees from sections A, B, and C to determine the total fiduciary fee allowed. Enter this total in the designated field.
  7. Once all fields are completed, save your changes, and you may then choose to download, print, or share the completed form as required.

Take advantage of this guide to complete your Application online and manage your fiduciary responsibilities efficiently.

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The corpus commission is graduated. The executor is entitled to 5% of the first $200,000 of corpus; 3.5% of the excess over $200,000 up to $1,000,000; and 2% of the excess of the corpus over $1,000,000.

Fees paid to the fiduciary for administering the estate; Attorney, accountant, and return preparer fees; Expenses incurred for the management, conservation, or maintenance of property; Expenses in connection with the determination, collection, or refund of the estate's tax liability.

Ohio law sets the fee for the executor/administrator. The executor's fee is a percentage of the value of the assets of the estate. There is a fee schedule upon which the fee is determined that ranges from 4% to 2% of the value of the assets of the estate.

For the first $50,000.00 at a rate of 5.5%; All above $50,000.00 and not exceeding $100,000.00 at the rate of 4.5%; All above $100,000.00 and not exceeding $400,000.00 at the rate of 3.5%;

Executor Fees: Executors can be compensated for the responsibility taken and the time and effort they put in to complete the estate process. Executor fees in Ohio are set by statute: 4% of the first $100,000 of probate assets; 3% of the next $300,000; and 2% of the assets above $400,000.

Payments received for being an executor of an estate are considered taxable income. The information below will help to determine if this income is subject to self-employment tax or not and where to enter it in your TaxAct® return.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232