kalanamak Posted August 7, 2008 Share Posted August 7, 2008 I'm so mortified I don't know the answer to this, I refuse to ask my sibs. I intend to pay the IL who has been acting as a personal representative (executor) for a will. I don't have to, but I am going to (4% is the rate I find on the internet for this small amount). However, this was a really terrible PR, and the foot dragging and not getting around to things means she, IMO, owes us some interest. (To say nothing of the slander, insults, sarcasm, gross breach of fiduciary duty etc). Do I do simple interest or compound interest? The compound calculators all require a year. This was a delay of about 4 months, although we are still waiting.... I'm not asking if I should pay her a fee, or if I should charge interest. Just what kind of interest and how to calculate it. Thanks. And really, you don't want to hear the story. It is too disgusting. Quote Link to comment Share on other sites More sharing options...
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