In many states, the fees that executors can charge are set by statute. In Pennsylvania, executor fees must be reasonable. They are always subject to court review. In general, many executors charge fees ranging from 1% to 5% of the estates value. The Supreme Court has ruled that a three percent fee is, on the face of it, reasonable, but subject to review.
If you would like more information about what you can charge as an executor, or, what an executor might charge your estate, you can review my article on executor fees by clicking the link to www.paestateplanners.com
David M Frees III, Esquire
For a copy of “The Ten Most Common Mistakes Executors Make and How To Avoid Them” please call one of my assistants and paralegals: Donna,Denise,Whitney, Matt or Tara.
610-933-8069
