Legal Question in Wills and Trusts in Texas
What are ususal and customary hourly executor fees in the state of texas. The estate is valued at approximately $250K
Asked on 8/13/10, 6:21 am
1 Answer from Attorneys
Arthur Geffen
Arthur H. Geffen, P.C.
There are no hourly executor fees in Texas. If the will says reasonable fees to the executor, the Texas statutes cap that at 5% (and its a difficult calculation to include the various items that are subject to or not subject to the 5%)
Answered on 8/18/10, 7:54 am