Legal Question in Wills and Trusts in Maryland
What or how are attorney fees determined when handling an administration of wil
What are the rates of attorney fees for handling an administrtion of a will? What are the rates? How are they determined. I want to be fair in the payment of attorney fees to our lawyer. But I need to know the estimated fee paid to an attorney for the administering of the will.
2 Answers from Attorneys
Re: What or how are attorney fees determined when handling an administration of
In Maryland, there is a maximum combined fee that can be charged by a personal representative (executor) and the attorney for the personal representative. Even so, the fee has to be approved by the court for reasonableness. The ceiling for probate fees is 9% of the first $20,000 of estate property and 3.6% of the excess over $20,000.
Richard S. Stolker
301-294-9500
Re: What or how are attorney fees determined when handling an administration of
Maryland law sets forth that unless a will provides otherwise commissions of a personal representative may not exceed 9 percent if the estate is not over $20,000 or if over $20,000 then $1,800 plus 3.6 percent of the excess over $20,000. Any fees paid for real estate brokerage are not deducted against the commission paid to a personal representative. Attorney fees must be reasonable as determined by court. If you should need assistance, contact me at (410) 799-9002.