Legal Question in Wills and Trusts in Texas
Executors fee
I am wanting to know if a person is appointed excutor of an estate. Can they charge and Excutors fee? And if so how much. This is in the state of TX.
Thank you.
Asked on 1/07/07, 4:22 pm
2 Answers from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: Executors fee
The executor's fee in Texas is 2.5% of money brought into the estate by work done; i.e. selling real estate. You cannot charge a fee for simply transferring money from an account to an estate account.
Answered on 1/07/07, 5:46 pm
Cheryl Rivera Smith
The Smith Law Firm
Re: Executors fee
Yes. There is no set fee, but Ihave seen the judge award 5% of the money in and money out of the estate.
Answered on 1/07/07, 6:27 pm
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.
