Unless the will provides otherwise, under North Carolina law, executors or administrators can claim a commission of up to 5% of estate assets and receipts, as approved by the Clerk of Court. Most executors are entitled to receive payment for their work, either under the terms of the will or under state law. How much is an executor paid? Usually, a will names a flat rate or states that the executor can claim reasonable compensation. If a will does not mention compensation, state law generally gives executors the right to reasonable relief, and can provide a formula for arriving at executor's fees.
- Home
- Newest PostsNew
Newest Posts
What does the administrative law do?
26/05/20253 minutes 46, seconds readPerks Of Hiring The Right Personal Injury Lawyer With Expertise In Legal Administration In Denver, CO
26/05/20256 minutes 4, seconds readThe Role Of Legal Administrators To The Success Of Bad Faith Insurance Cases In Denver
26/05/20256 minutes 54, seconds readCan administrative law decisions be appealed?
26/05/20252 minutes 34, seconds read