Legal Question in Elder Law in Georgia

executorfees

Are executors entitled to a fee and of what percent?


Asked on 7/19/02, 3:20 pm

2 Answers from Attorneys

Christopher Ballar Christopher A. Ballar PC

Re: executorfees

In Georgia, an executor is normally entitled to a fee if he/she decides to take one, unless the will or probate judge expressly denies the executor from taking it. The statutory fee is 2.5% of receipts and 2.5% of disbursements, with a higher number for interest earned. The executor can also ask for additional compensation in extraodinary cases. Any fee taken is subject to judicial review.

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Answered on 7/19/02, 4:45 pm
Lynwood Jordan Lynwwod Jordan, Attorney at Law

Re: executorfees

Mr. Baller is correct in his previous response. If you are asking for purposes of publishing your own will, you can specify an amount or percentage of your choosing. Whatever you desire.

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Answered on 7/19/02, 5:30 pm


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