Get Ga Gpcsf59 2010-2025

GA Executor Compensation and Fees 2.5% of cash received. 2.5% of cash disbursed. a reasonable fee not to exceed 3% of the value of other assets disbursed. 10% on all interest earned on money loaned to the estate by the executor.

Probate is a court-supervised legal process that may be required after someone dies. ... Probate in Georgia can commonly be conducted in about eight months to a year, unless there is a court fight over the will (which is quite rare) or unusual assets or creditors' claims that complicate matters.

In Georgia, if there's no Will and all the heirs agree on how to divide the assets, and there are no creditors, the court can issue an Order stating that no probate is necessary. ... If there is a Will, or, even if there's no Will, but the heirs don't agree or the estate has creditors, then a probate will be required.

If a decedent dies intestate, or without a will, and the assets total less than $10,000, Georgia law provides that an heir may petition the court for an order that formal estate administration is unnecessary.

If there is a Will, or, even if there's no Will, but the heirs don't agree or the estate has creditors, then a probate will be required. The general procedure required to settle an estate via probate in Georgia is the following: The Will must be filed in the county where the decedent lived.

Determine Your Priority for Appointment. ... Receive Written Waivers From Other Candidates. ... Contact Court in the County Where Deceased Resided. ... File the Petition for Administration. ... Attend the Probate Hearing. ... Secure a Probate Bond.

Obtain a copy of the form requesting to become executor. Complete the form. Get the form notarized. Return the form to the Clerk of the Court. Pay the filing fee. Send the Notice of Application to anyone who has interest in the estate, such as heirs and beneficiaries.

First, an executor is entitled to receive 2 1/2 percent of all money brought into the estate, and 2 1/2 percent of all money paid or distributed out of an estate. Interestingly, this amount does not include the value of real estate (unless it is sold by the executor) or stocks and bonds (unless sold by the executor).

Contact the surrogate or probate court of the county where the deceased lived or owned real estate. ... Briefly review the values of the deceased's assets if you're not sure what the deceased owned. ... Go to the probate court. ... Complete the petition. ... Sign and date the petition. ... File the petition and pay the filing fee.