When can an executor get paid fees?
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When can an executor get paid fees?
Asked on May 18, 2011 under Estate Planning, Pennsylvania
Answers:
MD, Member, California Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
An executor can get paid fees as set out in the will or court order or as set by statute. Generally, an executor can use estate monies to pay off estate bills and any fees he or she is supposed to get or be entitled to for being the executor and of course must at the same time be cognizant he or she has a fiduciary responsibility to the estate. That fiduciary responsibility is to ensure that no estate assets are wasted and no bills are left unpaid so as to negatively impact the estate or subject it to lawsuit. Also consult your state probate court to see if there are brochures available to help guide you on executor statutes for payment.
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