Legal Question in Wills and Trusts in New Jersey

Is the executor's fee; based on the assessed value of the home for sale, or the actual price it is sold for?


Asked on 6/08/12, 6:53 am

1 Answer from Attorneys
Walter LeVine Walter D. LeVine, Esq.

Value at date of death. This usually is, if not much time has passed between date of death and sale, the sales price. If some time has passed, value per assessment may be used.

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Answered on 6/08/12, 12:46 pm


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