Legal Question in Wills and Trusts in Texas
Does to Executor have to have a hearing for the Distribution of Funds? Also how much is the Executor's "fee"?
Thank you
Asked on 8/12/09, 2:30 pm
1 Answer from Attorneys
Arthur Geffen
Arthur H. Geffen, P.C.
It depends if the Executor is independent or dependent from court supervision. As to the executor's fee, the statutory fee is 5% (but there are lots of exceptions as to what this can be applied against.)
Answered on 8/13/09, 2:12 pm