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Executor Fee
Payment provided to an Executor for their work in helping to settle the Estate.
Typically, the amount paid is identified in the Last Will & Testament and calculated as a percentage of the Estate, flat fee or hourly rate.
If it isn't listed, or no Will exists, then state law will identify reasonable compensation.
Typically, payment is provided via the Estate Account.
Typically, the amount paid is identified in the Last Will & Testament and calculated as a percentage of the Estate, flat fee or hourly rate.
If it isn't listed, or no Will exists, then state law will identify reasonable compensation.
Typically, payment is provided via the Estate Account.