Legal Question in Wills and Trusts in Florida

Re: Estate Administrator Fee

On small estates, 3% of the value of the probate estate may be a normal and resonable fee. However, that number may change up or down depending on the complexity of the estate and a number of other factors. That said, in Florida the fee of a personal representative can be set in a number of ways. (1) The fee may be set forth in the will. (2) The fee may have been agreed upon by contract between the personal representative and the decedent. (3) The fee may be determined by agreement of the personal representative and the heirs. (4) The fee may be calculated under Flodida statute, if that amount is not objected to by someone with an interest in the estate. (5) The fee may be set by a probate judge.