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They are entitled for a reasonable hourly rate. In some states the fee is set at a specific rate. They are also entitled to be paid for all reasonable costs such as copying, phone calls, mileage, etc. The executor must answer to the court in the accounting.
Wiki User
∙ 15y ago
Wiki User
∙ 14y agoYes. generally, executor fees are set by law. The settling of an estate is time consuming, carries a great amount of responsibility and there are many tasks to be done. The executor should be paid for their work.
Wiki User
∙ 10y agoIt will depend on the specific laws in that jurisdiction. Typically the executor presents his bill to the court and they approve it.
Wiki User
∙ 9y agoThey certainly may charge the estate. The amount is often set by law. In other places, the court may have to approve the charges.
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Does the executer get paid for handling the estate?
Yes. The amount an executor can charge for their services is set forth in the state probate code.
What is the name of the person in charge of a family estate?
Executor
What fee can an executor of an estate charge in NM?
what is a reasonable executor fee in new mexico
Can an unpaid executor get paid for gasoline expenses?
As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.
If the attorney of an estate is also the personal representative of that estate can she sell the real estate and collect both the real estate commission and her attorney fees?
The real estate agent is the person who collects a commission on the sale of the real estate not the estate representative (executor/administrator). Generally a person who fills both roles, attorney for the estate and executor, can charge for both services.
Can an executor charge rent to an heir that has lived in the property for 19 years and was the caregiver of the deceased?
The executor of the estate is responsible for the estate. Use of the estate property is an asset and they should pay rent.
Does an executor have the final say in all that happen?
They are pretty much in charge of the estate. Only the court can over ride the executor.
Does an executor get anything from the estate?
The executor does not have to be a beneficiary. The court can appoint any responsible person to serve in that capacity.
Can one be an executor of probate but not the estate?
There is no executor of probate. The executor of the estate executes the will and probates the estate.
What is the executor of estate for the Titanic?
What is the executor of the estate for the titanic?
What should I charge as executor on my sister's estate.?
As an executor, you may be entitled to a fee for your services. This fee is typically a percentage of the estate's value or a flat fee specified in the will. Consult with a probate attorney to determine a fair and reasonable compensation for your time and effort in settling your sister's estate.
Can an executor make surviving children of the estate pay rent if they are living on the estate?
Yes, they have the ability to charge rent. It is their responsibility to maintain the assets of the estate.
