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Executors have a big responsibility and do a lot of work behind the scenes that the beneficiaries don't generally realize. Executor's fees are set by statute for that reason. Greedy or angry beneficiaries wouldn't pay them if they weren't required to.

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15y ago

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Related Questions

What is the Maine executor fee?

There is no set Maine executor fee. It is up to the executor and the court to decide a reasonable amount for a fee.


Is there a fee for a executor of a will?

The executor's fee is generally set by state law.


What is the estate executor fee in Arkansas?

what if the estate executor fee in arkansas


If the executor is a relative are they entitled to the executor fee?

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 the fee an executor of an estate receives in Colorado?

how do you figure estate executor fee in colorado


What fee can an executor of an estate charge in NM?

what is a reasonable executor fee in new mexico


What is executor fee of will in Louisiana?

It can be up to 10% of the entire worth of the estate.


Must an executor charge a fee?

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.


What is the fee an executor is entitled to in Colorado?

What are executor fees in the state of Colorado?


What is the executor fee in PA?

3%


Does the executor work for the beneficiary?

No, the executor works for the estate. The estate will pay the executor a reasonable fee. The beneficiary has limited direction that they can give the executor.


Is executor fee in NJ taxable?

Yes, the executor fee in the state of NJ is taxable. However, it is only 5% taxable and up to $200,000 dollars.

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