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There is no set Maine executor fee. It is up to the executor and the court to decide a reasonable amount for a fee.
The executor's fee is generally set by state law.
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.
what is a reasonable executor fee in new mexico
how do you figure estate executor fee in colorado
It can be up to 10% of the entire worth of the estate.
No. They can choose to not charge a fee but that is up to the executor.No. They can choose to not charge a fee but that is up to the executor.No. They can choose to not charge a fee but that is up to the executor.No. They can choose to not charge a fee but that is up to the executor.
The fee is based on the effort and is usually an hourly rate. It is standardized in some states. The executor must show the court records and documentation to demonstrate to them that the effort is legitimate and the court must approve the amount.
Yes. A court appointed executor is entitled to be paid for their service and the rate is set by state law. If there is a will, there may be a clause that restricts it for a family member serving as the executor. Depending on the jurisdiction, that may be valid.
What are executor fees in the state of Colorado?
3%