Legal Question in Wills and Trusts in New York
executrix fees
does the will have to state that an executrix fee may be charged...or can the executrix automatcally receive one? how is the amount they receive determined?
Asked on 5/31/07, 2:46 pm
1 Answer from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
Re: executrix fees
Unless the Will states that the Executrix is to serve without fee, a fee may be charged. This follows a formula that depends on what is the probate estate value (assets that pass solely by virtue of the Will). The fee schedule is on the Surrogate's web site.
Answered on 5/31/07, 2:53 pm