Legal Question in Family Law in California

Re: How much money does an executor usually receive?

PROBATE CODE

SECTION 10800-10805

10800. (a) Subject to the provisions of this part, for ordinary

services the personal representative shall receive compensation based

on the value of the estate accounted for by the personal

representative, as follows:

(1) Four percent on the first fifteen thousand dollars ($15,000).

(2) Three percent on the next eighty-five thousand dollars

($85,000).

(3) Two percent on the next nine hundred thousand dollars

($900,000).

(4) One percent on the next nine million dollars ($9,000,000).

(5) One-half of one percent on the next fifteen million dollars

($15,000,000).

(6) For all above twenty-five million dollars ($25,000,000), a

reasonable amount to be determined by the court.

(b) For the purposes of this section, the value of the estate

accounted for by the personal representative is the total amount of

the appraisal value of property in the inventory, plus gains over the

appraisal value on sales, plus receipts, less losses from the

appraisal value on sales, without reference to encumbrances or other

obligations on estate property.