Legal Question in Wills and Trusts in New Jersey

Executor/co-executor money

In a will that was put in place in New Jersey, an executor and cp-executrix were put in place and worked, jointly. I know that the executor gets 5% but the co-executor does not also get 5%, correct? They would ned to split the 5%.


Asked on 5/13/09, 4:37 pm

1 Answer from Attorneys
Jonathan Chester The Law Office of Jonathan S. Chester, Esq., LLC

Re: Executor/co-executor money

In NJ, co-executors are entitled to one full executors commission [which is not a flat 5%] plus 1% additional commission on the total probate estate.

How they split the commission is up to them.

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Answered on 5/13/09, 4:46 pm


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