Yes it is. Most people don't put a % for a fee for all the work the Executor/Executrix has done. It really should be put in a Will (I have it in mine.) In Canada you can charge from 1% to 5%, but if you go over 3 1/2% it may go to court first. Marcy
The executor's fee is generally set by state law.
What are executor fees in the state of Colorado?
Yes, the executor fee in the state of NJ is taxable. However, it is only 5% taxable and up to $200,000 dollars.
five percent
There is no set Maine executor fee. It is up to the executor and the court to decide a reasonable amount for a fee.
what if the estate executor fee in arkansas
The executor is entitled to a fee for their services. Their relationship is not a deciding factor. In many states the fee is set by law.
It is valued on the date chosen by the executor for the valuation of the estate. Check the laws for the allowable range in your state.
what is a reasonable executor fee in new mexico
how do you figure estate executor fee in colorado
Executor fees vary from county to county and also depending on what you need the executor for. Call around and get some prices in your area within the state of Connecticut.
It can be up to 10% of the entire worth of the estate.