An executor in Illinois handles your estate according to the instructions in your will. If there is no will, the probate court will appoint an administrator to pay the outstanding debts and transfer the remaining assets to your legal heirs.n 2011, in the important case of In Re: Estate of Weeks, the Illinois Appeals Court ruled that the state has no legal authority for an executor charging a percentage fee. Executors must submit the amount of their requested fees to the probate court for approval.
dividend-Investment & Finance Definition. A distribution, typically quarterly, of a corporationâs earnings to its shareholders. Dividends can be paid in cash or stock. Sometimes, if a company has had a particularly good year, a special year-end dividend may be paid. If a company failed to make a profit, likely no dividend is paid.
Definition: The dividend growth rate is the percentage rate of growth that a dividend achieves usually on an annual basis, but it can also be addressed on a quarterly or monthly basis. What Does Dividend Growth Rate Mean? What is the definition of dividend growth rate? The dividend growth rate is a component of the Dividend Discount Model (DDM) which values a stock on the basis of expected dividends, discounting them to their present value and determining if a stock trades over or under its fair value.