Can I get paid to be an executor in arkansas
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Can I get paid to be an executor in arkansas
Am I entitled to get paid by
the estate for being the
executor of an estate in
arkansas ?
Asked on May 21, 2018 under Estate Planning, Arkansas
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 5 years ago | Contributor
Yes, an executor is entitled to a fee regarding the administration of their duties. In AK, there is a predetermined schedule for such a fee. It is based on the value of the estate that is passing through probate. The schedule is as follows:10% of the first $1,000; 5% of the next $4,000, and 3% of the balance.
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