My sister handled my mom's estate and is charging my other sister and I for the executor fee. We live in CT. What would be a reasonable percent to use? Would this fee be imposed on all three of us sisters (including the executor) or just the two sisters that were not executors?
1 Answer from Attorneys
The fee will be charged against the estate in general, so all three of you would suffer equally. A fee of 2% of the gross taxable estate (not just the probate estate; call me if you need that explained) is not unusual. The probate judge will oversee that, however, and may ask the executrix for time sheets documenting her work.