Legal Question in Wills and Trusts in Oregon

Re: Executor of will

Oregon law has a stair step calculation of Personal Representative's fees based on the total amount of the probate estate and the non-probate assets. It does not matter what county the PR or probate are located in.

CALCLUATION OF PERSONAL REPRESENTATIVE FEE

Pursuant to ORS 116.173

Assets per inventory $***

Additions and corrections $***

Income earned during probate $***

Basis for Statutory fee (sum of the above)

$ 1,000 at 7% = $ 70.00

$ 9,000 at 4% = $ 360.00

$40,000 at 3% = $ 1,200.00

$*** at 2% = $ ***

1% of all non-probate assets other than life insurance $***

Total $ ***