Legal Question in Wills and Trusts in Ohio
Executorship
In the state of ohio, does the executor/executrix of a will receive monetary compensation if not specifically stated in the will or is this an ''unwritten'' rule
Asked on 8/21/06, 8:27 pm
1 Answer from Attorneys
Harold Hom
Harold L. Hom Co., LPA
Re: Executorship
The executor is entitled to a commission set by Ohio statute regardless of whether the Will authorizes it or not. The commission is 4% of the first $100,000 of probate assets, 3% of the next $300,000 and 2% of the balance above $400,000.
Harold Hom
Answered on 8/22/06, 10:17 am
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