What is the percentage of the estate that is usually left to the executor?
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What is the percentage of the estate that is usually left to the executor?
Asked on July 1, 2013 under Estate Planning, California
Answers:
Nathan Wagner / Law Office of Nathan Wagner
Answered 10 years ago | Contributor
Any percentage of the estate, from 0% to 100% can be left to the executor as an inheritance. But, the executor is usually entitled to a fee for their services as executor. In California, that fee is set by law. It is currently 4% of the first $100,000 of the estate, plus 3% of the next $100,000, 2% of the next $800,000, and a smaller percentage of the rest of the estate.
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