Camden County Executor Expense Reimbursement
Posted on Mon Dec 29, 2014, on Probate and Estate Administration
From our “Ask a Question” Mailbag: Camden County Executor Expense Reimbursement
Most Recently Updated July 7, 2018
“As Executor of a Camden County Estate, can I be reimbursed for mileage?”
Camden County Executor Expense Reimbursement
An executor’s expenses incurred in handling an estate are reimbursed from estate assets. Typical examples are filing fees, parking fees, and money that you pay to have the estate assets secured or cleaned.
You will be reimbursed for reasonable travel costs that were incurred because of the estate. The cost of travel to the Surrogate’s Office is reimbursed. This includes mileage.
IRS Approval
The IRS issued its 2015 standard mileage rates effective January 1, 2015. The IRS allowed rate is 57.5 cents per mile.
These are guideline amounts that you may use, and which the other beneficiaries can object to, but they certainly give you a starting point.
More Probate Questions?
Expense reimbursement for executors is only part of the overall probate process. By all means, if you wish to learn more, please read my more detailed article, The Probate Process All You Need to Know.
In Conclusion: Camden County Executor Expense Reimbursement
I hope that this article was helpful in explaining executor expense reimbursement. Further, I included links to even more detailed information on my website. Therefore, please contact me and let me know how I did. Certainly, your comments and questions are welcome!
Let our Probate Lawyers help walk you through what can be a confusing process. To begin with, call to speak to one of our experienced Probate Attorneys. By all means, our lawyers are ready to answer your questions. In fact, feel free to contact our office for a free consultation. Ultimately our goal is to make the process as painless as possible!
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Camden County, Executor, New Jersey