Legal Question in Wills and Trusts in South Carolina
Estate Executor Fees
In the state of Pennsylvania, what is the fee an executor can charge the estate for services and how is that fee derived?
Asked on 9/04/00, 12:13 am
1 Answer from Attorneys
Murray Eckell
Eckell,Sparks,Levy, Auerbach,Monte,Rainer,&Sloane
Re: Estate Executor Fees
The fee is based on a percentage of the gross value of the estate. 5% on the first 100,000; 4% on the 2d 100,000; 3% from 300,000 to 1m; 2% on the 2d m and so on. It is paid as an administrative expense of the estate and is taxable income to the executor
Answered on 10/05/00, 11:00 am
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
