State X has a statute regarding permissible attorney compensation in probate cases as follows:
- 3% of the first $100,000
- 2% of $100,001 to $200,000
- 1% thereafter
An attorney handles a probate with a gross estate of $200,000 . What will his compensation be?
$5,000 [$3,000 for the 1st $100,000 and $2,000 for the next $100,000]
You might also like to view...
?The least wrongful type of homicide is which of the following?
A. ?Murder in the first degree B. ?Murder in the second degree C. ?Voluntary manslaughter D. ?Involuntary manslaughter
Anticipation of a future attack is sometimes acceptable self-defense for
A. prolonged threats in abusive relationships B. a preemptive strike by a prison inmate C. gang warfare D. family feuds
Megan has the following assets: a checking account in her name alone, a car with Ralph listed as a co-owner on the title, a house in her name alone, and a life insurance policy. When Megan took out the life insurance policy, she named her mother as beneficiary, but her mother is now deceased. Megan is an only child. Which of Megan's assets would be probate assets if she died today?
What will be an ideal response?
The duty of competence can be breached by which of the following actions?
a. Missing filing deadlines with the court b. Including incorrect information in a legal document c. Inadequate attorney supervision of paralegals d. All of these choices are correct