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I want to know if executors fees are deducted from estate? and what if a person dies and gives10000 to a charity and the remaining to his son… Will the 10000 be deducted from the estate?
Hi dear executors fees are not deductible from the estate only funeral expenses and mortgage expenses are deductible and as for the charity it will not be deductible from estate but it will be deducted on Nil rate band on death .I hope it clear your doubt
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