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.

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Answered on 4/25/08, 3:19 pm


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