Legal Question in Wills and Trusts in Massachusetts
Executrix Fees
My aunt is the Executrix for my father's will.
She has lost 4 weeks of work and now is concerned
if she will be reimbursed sufficiently to cover
her time and expenses.
As an Executrix, does she receive a percentage on the sale of the home?
If so, what is the percent received for homes selling
in the 01453 area?
2 Answers from Attorneys
Re: Executrix Fees
Executrix is entitled to a reasonable hourly fee and reimbursement of expenses but not a percentageof the sale of the house. Fees are subject to objections of heirs and creditors of the estate.
Re: Executrix Fees
Executrix can be reimbursed for all her expenses. Usually does not get a percentage of the sale of the house, but possibly some money for her time spent as long as it is reasonable and the heirs assent.
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