Is the executor to a will entitled to compensation?
Question Details:
MY MOTHER HAD HER BROTHER AS EXECUTOR TO HER WILL. HE DIED BEFORE EVERYTHING WAS DONE SO HIS SON TOOK OVER. NOW THAT EVERYTHING IS SETTLED, THEY SAY THAT HE IS ENTITLED TO A PERCENTAGE OF THE ESTATE.
The main reason most people serve as an executor is to honor the deceased person's request. However, the executor is also entitled to payment. The exact amount is regulated by state law and is affected by factors such as the value of the deceased person's property and what the probate court decides is reasonable under the circumstances. Many times, close relatives and close friends (especially those who are inheriting a substantial amount anyway) don't charge the estate for their services.

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