Quote:
Originally Posted by fotze2
It's not really work. Just waiting forever and attending meetings to sign stuff.
But what could I gouge my brother on this?
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Well it's work though because it's running to the bank and dealing with that, or preparing assets to sell and then selling them and dealing with that aspect, or dealing with the accounting and filing court documents (depending on the estate and what's going on there). I would say that it's generally a couple percent of the estate, and in the case where you have a lawyer do it for you you're looking at 3-5% and rates that decline over certain estate levels (over $250k, over $500k and that kind of thing).
It all depends on the situation and how complicated things are, and that kind of thing. I've seen estates where a friend is handling it for someone and their family are the beneficiaries. There is a huge dispute though, and that makes the process take years and years, with enormous time commitments from the executor. It's one thing to help someone out and do a little work to close up an estate, but that kind of thing is a whole other level.