Aging Options

LIMITED TIME OFFER: First Academy Lesson is Free

Payments for the Executor

Save as PDF

My father passed away in PA, my brother is currently the executor. He is claiming the executor fee is 10% and wants to take 10% from the inheritance.  There is no documentation.  Is this legitimate and what can the rest of us do?

Unless the will spells out that he will be paid, he does not get the fee. If he wants to be paid or resign, someone else can step into his position as the executor and do the same job for no cost.  When we prepare wills, we do cover this issue because sometimes it does take a considerable amount of time to do it.  There is no percentage that an executor is entitled to, and in the state of WA, it is limited to what is reasonable.  This tends to be between $2500-$5000 at most.  You may have to go court and file a petition stating that it is an unreasonable amount, and that you do not wish to see paid as someone else can fulfill that position. 




Need assistance planning for your successful retirement? Give us a call! 1.877.762.4464

Learn how 70% of retirement plan fails and find out how you can avoid this

Find out more about LifePlanning

Your Cart is empty!

It looks like you haven't added any items to your cart yet.

Browse Products
Powered by Caddy
Skip to content