tvguy
Question anything the facts don't support.
- Joined
- Dec 15, 2003
- Messages
- 47,473
I can't find any states that prohibit an executor from being paid.I’m not sure about all states but tell her if she can charge fees for being executor to charge the maximum amount allowed.
In California, the compensation for an executor is determined by California Probate Code section 10800 and is calculated as follows:
- 4% on the first $100,000 of the estate's value
- 3% on the next $100,000 of the estate's value
- 2% on the next $800,000 of the estate's value
- 1% on the next $9 million of the estate's value
- 5% on the next $15 million of the estate's value
- A reasonable amount, as determined by the court, for all amounts above $25 million