Legal Question in Wills and Trusts in Michigan
Executor Fees
Is there a set amount that executors can claim on an estate? I have been told two different things--10%, and a reasonable hourly rate.
Asked on 12/19/02, 4:37 pm
2 Answers from Attorneys
John C. Talpos
Talpos & Arnold
Re: Executor Fees
The Personal Representative is entitled to a "reasonable fee". That, of course, varies from case to case. If you need further assistance feel free to contact me or my associate, Karen Crusse. We are located in Oakland County and service southeast Michigan. John C. Talpos (http://www.Mich-Lawyer.com)
Answered on 12/20/02, 12:01 am
Patricia Prince
Patricia Gormely Prince, P.C.
Re: Executor Fees
In Michigan, an Executor (known as a Personal Representative) is entitled to reasonable compensation for services performed.
Answered on 12/21/02, 1:43 pm
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