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WORKSHEET B COURT GUIDELINE TRUSTEES COMPENSATION FORM (RULE 74.1) PRINCIPAL FEE: YEAR ONE FAIR MARKET VALUE OF PRINCIPAL X RATE First $1,000,000 .014 Next $2,000,000 × .011 Next $2,000,000 .009
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How to fill out worksheet b - probatectorg
How to fill out worksheet b - probatectorg:
01
Start by obtaining a copy of worksheet b - probatectorg. This worksheet is typically used in probate cases to gather information about a deceased person's assets and liabilities.
02
Begin by filling in the personal information section of the worksheet. This includes the name, address, and contact information of the deceased person, as well as the date of their death.
03
Proceed to the assets section of the worksheet. Here, you will list all the assets owned by the deceased person, such as real estate, bank accounts, investments, vehicles, and personal belongings. Make sure to provide all relevant details, including the estimated value and any outstanding debts or mortgages associated with these assets.
04
Move on to the liabilities section of the worksheet. This is where you will list all the debts and obligations of the deceased person, including mortgages, loans, credit card debts, and other outstanding bills. Provide the necessary information, such as the creditor's name, account number, and outstanding balance.
05
Next, fill in the section regarding joint assets and liabilities. If the deceased person owned any assets or had any debts jointly with another person, include these details in this section.
06
Finally, review the completed worksheet for accuracy and completeness. Ensure that all information is entered correctly and that no important assets or liabilities have been missed.
Who needs worksheet b - probatectorg:
01
Executors or administrators of a deceased person's estate often need worksheet b - probatectorg. This worksheet helps them gather and organize all necessary information about the assets and liabilities of the deceased person.
02
Attorneys and probate professionals also frequently use worksheet b - probatectorg to guide their clients through the probate process. These professionals rely on this document to ensure that all necessary information is collected and accounted for.
03
Beneficiaries of the estate might need worksheet b - probatectorg to understand the assets and liabilities left behind by the deceased person. This worksheet can provide them with a comprehensive overview of their potential inheritance and any outstanding debts or obligations that may need to be addressed.
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What is worksheet b - probatectorg?
Worksheet b - probatectorg is a document used in probate court to disclose information regarding assets, liabilities, beneficiaries, and other relevant information.
Who is required to file worksheet b - probatectorg?
The executor or personal representative of an estate is required to file worksheet b - probatectorg.
How to fill out worksheet b - probatectorg?
Worksheet b - probatectorg should be filled out accurately and completely by providing all the requested information regarding the estate.
What is the purpose of worksheet b - probatectorg?
The purpose of worksheet b - probatectorg is to provide a detailed overview of the assets, liabilities, and beneficiaries of an estate for the probate court.
What information must be reported on worksheet b - probatectorg?
Information such as the deceased person's assets, debts, beneficiaries, and other details related to the estate must be reported on worksheet b - probatectorg.
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