Legal Question in Wills and Trusts in New York
Is there a maximum rate set by statute that an attorney may charge in NY for adminstration of an estate - not for serving as an executor?
Asked on 2/08/13, 9:31 am
1 Answer from Attorneys
Arnold Nager
Arnold H. Nager, Esquire
No. The going rate could be ashigh as 3% of the assets in the estate. If the estate is large you you m.ay be better off paying an hourly rate.
Answered on 2/08/13, 11:26 am
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