How do I file an estate claim in CT?
In Connecticut, a claim must be in writing and, when the fiduciary requires, the claimant must present proof by an affidavit that the claim is justly due and that all prior payments thereon have been credited and, if applicable, identify any security held by the creditor related to the debt.
Can an executor claim?
Executors are entitled to be reimbursed for the reasonable expenses they incur in administering a deceased’s estate, but being paid in addition for the time they spend in the role (Executor’s Commission) depends on a number of issues.
Can an executor claim legal expenses?
During the course of the administration of the Estate an Executor will not only pay off existing Estate liabilities but will also incur other expenses as the administration progresses. These can be legal expenses and also many other expenses depending upon the assets of the Estate and what the administration entails.
What is an executor’s deed in Connecticut?
In Connecticut, executor’s deeds and administrator’s deeds are statutory forms (§§ 47-36c) that convey the fee simple title that the decedent had at the time of death to the grantee (who is either a beneficiary, heir, or buyer).
Can a Connecticut executor claim reasonable attorney fees?
As a general rule, reasonable attorney fees incurred by a Connecticut executor, administrator or trustee and those fiduciaries in most other states are properly allowed as expenses of administration. Absent an agreement by the executor and an attorney about fees, the key Connecticut authority for the concept of reasonable compensation is Hayward v.
What’s the minimum fee for a fiduciary in Connecticut?
Many Connecticut probate judges use a rule of thumb that a fiduciary’s fee of less than 3 percent of the gross estate is presumed reasonable. In Estate of Macgonical, [11] Judge F. Paul Kurmay (who at that time was also Connecticut’s Probate Court Administrator) applied the Hayward v.
Who is the Administrator of an estate in Connecticut?
An administrator is a person appointed by the court to settle the estate when there is no will. When the decedent dies without a will (intestate), the administrator follows Connecticut laws of intestacy, and the persons entitled to receive the decedent’s assets are called heirs.
Where do I file for a fiduciary in Connecticut?
The fiduciary must file a “Notice for Land Records/Appointment of Fiduciary” form with the town clerk in each town in Connecticut where real estate owned by the decedent is located. The form is obtained from the court.
How to make a claim against a Connecticut decedent?
A Connecticut fiduciary also has the option of giving direct notice to any person whom the fiduciary has reason to believe may have had a claim against the decedent. This notice contains the name and address of the fiduciary to whom the claim must be presented.
What is the responsibility of a fiduciary in Connecticut?
It is the fiduciary’s responsibility to determine the validity of any claims presented to him or her.
How long does it take to file for probate in Connecticut?
Within 14 days after the fiduciary’s appointment, the Probate Court will place a newspaper notice informing the estate’s creditors of the decedent’s death, the creditors’ obligations to present their claims promptly, the fiduciary’s name and the address where claims are to be presented.