Legal Question in Wills and Trusts in Massachusetts
fee for being an executrix
Recently my mother passes away, there was a will but nothing in the estate mainly because my mom had put everything in her name and mine. there was quite a sum of money and even though the money was considered mine legally, morally I opted to divide the money between my other 5 siblings. my question is, is it true that in Massachusetts the executive to the will takes 10 percent as a fee. I was told this but had never heard of it. Thank you
Asked on 12/29/04, 9:30 pm
1 Answer from Attorneys
James Hall
Qua, Hall, Harvey & Walsh
Re: fee for being an executrix
There used to be a standard fee, but such doesn't apply now. However, the executor typically can charge a reasonable fee for work done on behalf of estate
Answered on 12/30/04, 9:43 am