QUESTION
how much is a person reimbursed for being an executor of an estate
Asked on Feb 12th, 2013 on Wills and Probate - Pennsylvania
1 ANSWER
There is no "set" fee. It is usually a small percentage of the value of the estate, depending on the value of the estate. It could also be done hourly. Many times, executors don't take a fee if they are a beneficiary under the will. The fee does have to be "reasonable", and the amount can be challenged in the courts to determine its "reasonableness".
Answered on Feb 12th, 2013 at 4:21 PM