Legal Question in Wills and Trusts in New York

What is an estate executor commission based on? the entire value of estate or just liquid assets.


Asked on 8/24/11, 5:38 pm

2 Answers from Attorneys

David Slater David P. Slater, Esq.

Gross estate value.

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Answered on 8/24/11, 6:24 pm
Walter LeVine Walter D. LeVine, Esq.

Gross probate estate value (i.e., assets that pass by the Will, not by operation of law or beneficiary designation).

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Answered on 8/25/11, 1:13 pm


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