Legal Question in Wills and Trusts in New Jersey
Estate executors fee
Is the executors fee based on the gross anount of the estate or the net amount
Asked on 8/25/08, 6:17 pm
1 Answer from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
Re: Estate executors fee
Gross probate estate, which are assets covered by the Will, but excludes assets passing by operation of law (such as joint assets, insurance and/or retirement plans payable to a named beneficiary).
Answered on 8/25/08, 11:37 pm