Probate Glossary
Executor Compensation
Payment an Executor or Personal Representative may receive for estate work.
Definition
Executor compensation is payment for the time and responsibility involved in administering an estate. Compensation rules vary by state, court order, will terms, and the nature of the work performed.
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Frequently Asked Questions
Can an Executor or Personal Representative pay themselves?
Executors or Personal Representatives may be entitled to reasonable compensation depending on state law, the will, court approval, and the work performed. They should keep clear records and avoid paying themselves improperly.