Legal Question in Wills and Trusts in New Jersey
Executor's fee
Is the fee based on gross assets? If my mother's house was sold for $175k would i base the fee on that amount or the net amount afer paying off the mortgage
Asked on 4/25/08, 3:03 pm
1 Answer from Attorneys
Jonathan Chester
The Law Office of Jonathan S. Chester, Esq., LLC
Re: Executor's fee
The executor's commission is based on the gross [not net] amount.
Answered on 4/25/08, 3:19 pm