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For example, in California the executor is entitled to 4% of the first $100K of estate value, 3% of the next $100K, and so on. In other countries, such as the United Kingdom, the executor is not automatically entitled to compensation, although compensation can be directed within the will or on application to a court. [2]
Here’s a step-by-step guide on what you need to know about what to do as an executor of a will. ... For example, a certified copy of a death certificate in California costs $21. In Florida, a ...
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The contract was "work-made-for-hire," meaning that even though none of the picture's IP belonged to Cohen, he would be paid $250,000 in fixed initial compensation in addition to the right to approximately 5% of the picture's future profits. TWC eventually filed for bankruptcy and owed Cohen $400,000 in film profits.
In contrast with damages (the law of compensation), restitution is a claim or remedy requiring a defendant to give up benefits wrongfully obtained. Liability for restitution is primarily governed by the "principle of unjust enrichment": A person who has been unjustly enriched at the expense of another is required to make restitution.
In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the jurisdiction where the deceased resided at the time of their death.
The ownership of a life estate is of limited duration because it ends at the death of a person. Its owner is the life tenant (typically also the 'measuring life') and it carries with it right to enjoy certain benefits of ownership of the property, chiefly income derived from rent or other uses of the property and the right of occupation, during his or her possession.
Survivors of nonconsensual sterilization can apply for California government compensation by the end of the year. Here's how to apply and some roadblocks you might face.
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